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The eurozone has also enacted some limited fiscal integration; for example, in peer review of each other's national budgets. The issue is political and in a state of flux in terms of what further provisions will be agreed for eurozone change. No eurozone member state has left, and there are no provisions to do so or to be expelled. [16]
As of 2023, 558,294 people, or 10.0%, live in Finland with a first language other than Finnish, Swedish or Sámi. [1] More than 150 foreign languages are spoken in Finland. [30] However, most of them have only few speakers. Historically, Finland has been a bilingual country where only Finnish or Swedish was spoken.
The population density of the EU is 106 people per km 2.Note that the lights in the North Sea are from oil platforms. A cartogram depicting the population distribution between old EU-27 member states in 2008 (including the UK and excluding Croatia). 57.8% of all citizens of the EU live in the four largest member states: Germany, France, Italy, and Spain.
Latvia is the fastest growing economy in both the eurozone and the European Union. Luxembourg is home to the highest GDP (nominal) per capita in both the European Union and eurozone. Malta is the smallest economy in the eurozone as well as the European Union, and is the fastest growing European economy in the Commonwealth of Nations.
The most populous member state is Germany, with an estimated 80.4 million people. France and Ireland have the highest birth-rates. [3] The most densely populated country is the island of Malta, which is also the smallest, while the largest in area is France. The least densely populated country is Finland. The table below uses data from Eurostat ...
There are three types of government systems in European politics: in a presidential system, the president is the head of state and the head of government; in a semi-presidential system, the president and the prime minister share a number of competences; finally, in a parliamentary republic, the president is a ceremonial figurehead who has few political competences.
Finland is the only Nordic country to have joined the Eurozone; Denmark and Sweden have retained their traditional currencies, whereas Iceland and Norway are not members of the EU at all. Finland has been ranked seventh in the Global Innovation Index of 2023, making it the seventh most innovative country down from 2nd in 2018. [34] [35]
The enlargement of the eurozone is an ongoing process within the European Union (EU).All member states of the European Union, except Denmark which negotiated an opt-out from the provisions, are obliged to adopt the euro as their sole currency once they meet the criteria, which include: complying with the debt and deficit criteria outlined by the Stability and Growth Pact, keeping inflation and ...