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The euro area, [8] commonly called the eurozone (EZ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro as their primary currency and sole legal tender, and have thus fully implemented EMU policies. The 20 eurozone members are:
Protocol 14 of the treaty lays out only two articles to govern the group; Article 1: The Ministers of the Member States whose currency is the euro shall meet informally. Such meetings shall take place, when necessary, to discuss questions related to the specific responsibilities they share with regard to the single currency.
It is composed of representatives of the euro area member states of the Economic and Financial Committee (EFC), the European Commission and the European Central Bank. The President of the Eurogroup Working Group is Tuomas Saarenheimo , who entered the job in April 2020 and is also the President of the EFC. [ 1 ]
The Forum is the arena for presenting opinions and interests of all ERB stakeholders such as member organisations, local communities, authorities, and also representatives of external organisations (leading politicians and high-ranking civil servants, national and EU representatives, experts and practitioners of territorial cooperation).
The Salzburg Forum (SF) is a Central European security partnership of Austria, Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia. Member states cooperate in areas of police cooperation, illegal immigration, witness protection, fight against drugs, traffic safety and other areas of internal security.
Members of the Eastern Partnership. Council of Europe; An international organisation whose stated aim is to uphold human rights, democracy, and the rule of law in Europe, and to promote European culture. It has 46 member states, with approximately 820 million people. Eastern European Group; One of five United Nations regional groups
If you’re stuck on today’s Wordle answer, we’re here to help—but beware of spoilers for Wordle 1273 ahead. Let's start with a few hints.
If the state has been using the euro as its currency then, rather than form a new domestic currency, it might continue to use the euro unilaterally – as Montenegro does – or by way of a monetary agreement with the EU – as Andorra does – without being a member of the EU. [citation needed]