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The euro is also used in countries outside the EU. Four states (Andorra, Monaco, San Marino, and Vatican City) have signed formal agreements with the EU to use the euro and issue their own coins. [29] [30] Nevertheless, they are not considered part of the eurozone by the ECB and do not have a seat in the ECB or Euro Group.
Outside the EU, there are currently three French territories and a British territory that have agreements to use the euro as their currency. All other dependent territories of eurozone member states that have opted not to be a part of EU, usually with Overseas Country and Territory (OCT) status, use local currencies which are often pegged to the euro or U.S. dollar.
Country / Dependency Length [1] Member states Notes Akrotiri and Dhekelia : 156 km (97 mi) Cyprus: Open border Albania: 212 km (132 mi) Greece Andorra: 118 km (73 mi) Spain and France: Open border Belarus: 1,176 km (731 mi) Latvia, Lithuania and Poland Bosnia and Herzegovina: 956 km (594 mi) Croatia Brazil: 649 km (403 mi) France
EU member states outside the eurozone (marked with yellow in the table) have no access to the funds provided by EFSF/ESM, but can be covered with rescue loans from EU's Balance of Payments programme (BoP), IMF and bilateral loans (with an extra possible assistance from the Worldbank/EIB/EBRD if classified as a development country). Since ...
The change was made to facilitate trade with countries outside the EU, notably the United States, [32] and was made possible by a provision of the Lisbon Treaty which allows the European Council to change the EU status of a Danish, Dutch, or French territory on the initiative of the member state concerned. [33]
Eurozone; Enlargement of the eurozone; Template:Euro topics (The pre-euro national currency article) (The national euro coin article) NB: Data input for the column "Government policy on euro adoption", shall preferably (if they exist) be the official target dates for euro adoption and/or ERM-II membership set by each government.
Also included is the number of unique sovereign states [a] that a country or territory shares as neighbors. If the number is higher due to multiple dependencies or unrecognized states bordering the state, the larger number is shown in brackets. Footnotes are provided to provide clarity regarding the status of certain countries and territories.
The list below includes all entities falling even partially under any of the various common definitions of Europe, geographical or political.Fifty generally recognised sovereign states, Kosovo with limited, but substantial, international recognition, and four largely unrecognised de facto states with limited to no recognition have territory in Europe and/or membership in international European ...