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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:
Although all EU countries are part of the Economic and Monetary Union (EMU), 20 of them have replaced their national currencies with the single currency – the euro. These EU countries form the euro area, also known as the eurozone. Austria; Belgium; Croatia; Cyprus; Estonia; Finland; France; Germany; Greece; Ireland; Italy; Latvia; Lithuania ...
The map above shows which countries currently use the Euro (aka Eurozone), are part of the ERM II (European Exchange Rate Mechanism), countries in the EU that don't use the Euro, and also countries not in the EU that do use the Euro (with or without the EU's approval).
The eurozone consists of the following 19 countries in the EU: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta,...
How, when and where to exchange old national currency into euro. Discover the history of the euro, countries using the euro, how the European Central Bank manages the euro, euro use outside the EU and euro design.
The euro is the sole currency of 20 EU member states: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. These countries constitute the "eurozone", some 347 million people in total as of 2023. [67]
EU countries and the euro. The euro is the currency of 20 EU Member States. Denmark has ‘opt-out’ clauses in the Treaty exempting him from participation, while the remainder have yet to meet the conditions for adopting the single currency.
Andorra, Monaco, San Marino and the Vatican City have adopted the euro as their national currency by virtue of specific monetary agreements with the EU, and may issue their own euro coins within certain limits. However, as they are not EU Member States, they are not part of the euro area.
Explore this interactive map and the tables below it to find out which countries of the European Union are part of the euro area, as well as when they started using the euro.
Today, around 347 million citizens in 20 countries live in the euro area. This number will increase as future enlargements of the euro area continue to spread the benefits of the single currency more widely in the European Union.