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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:
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 European Central Bank shall be invited to take part in such meetings, which shall be prepared by the representatives of the Ministers with responsibility for finance of the Member States whose currency is the euro and of the Commission.
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The Eurosystem is the monetary authority of the eurozone, the collective of European Union member states that have adopted the euro as their sole official currency. The European Central Bank (ECB) has, under Article 16 of its Statute, [ 1 ] the exclusive right to authorise the issuance of euro banknotes .
The APPF manages a "Register of European political parties and European political foundations" containing information on these entities, including the statutes of registered entities, other documents submitted as part of applications for registration, documents received from Member States where entities have their seat, and information on the ...
The Quest for the Next Breakthrough. Today, some university researchers and small pharmaceutical and supplement companies are developing treatments to curb hangover symptoms.
2 Andorra, Monaco, San Marino and Vatican City are not members of Schengen, but act as such via their open borders with Spain, France and Italy, respectively. 3 Switzerland is not an official member of EEA but has bilateral agreements largely with the same content, making it virtually a member.