The collective name for the 19 countries adopting European Monetary Union (EMU) in full. Sometimes written 'Euro zone', '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 nine European Union (EU) countries which are not in the euro area are:
Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom (UK).
A referendum in the UK in June 2016 resulted in a vote for the UK to begin the process of leaving the EU.
- Bank supervision
- Central bank
- European Central Bank
- European Financial Stability Facility
- European Monetary Union
- European Union