Euro zone

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Revision as of 22:24, 1 February 2020 by imported>Doug Williamson (Update post-31 Jan 2020.)
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The euro.

The Euro zone is the collective name for the 19 countries adopting European Monetary Union (EMU) in full. Sometimes written 'Eurozone', 'eurozone' or 'Euro-zone'.

More formally known as the 'euro area' and more informally as 'euroland'.


The 19 countries in the euro area are:

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.


The eight European Union (EU) countries which are not in the euro area are:

Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania and Sweden.


Brexit

A referendum in the UK in June 2016 resulted in a vote for the UK to begin the process of leaving the EU.


See also


Currencies of EU countries not in the euro area