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  2. Eurozone - Wikipedia

    en.wikipedia.org/wiki/Eurozone

    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:

  3. Member state of the European Union - Wikipedia

    en.wikipedia.org/wiki/Member_state_of_the...

    The European Union (EU) is a political and economic union of 27 member states that are party to the EU's founding treaties, and thereby subject to the privileges and obligations of membership. They have agreed by the treaties to share their own sovereignty through the institutions of the European Union in certain aspects of government.

  4. List of European Union member states by political system

    en.wikipedia.org/wiki/List_of_European_Union...

    The European Union (EU) is a sui generis supranational union of states. At a European Council Summit held in Copenhagen, Denmark, on 21 June and 22 June 1993, [2] the European Union defined the Copenhagen criteria regarding the conditions a candidate country has to fulfill to be considered eligible for accession to the European Union:

  5. Currencies of the European Union - Wikipedia

    en.wikipedia.org/wiki/Currencies_of_the_European...

    There are eight currencies of the European Union as of 2023 used officially by member states. The euro accounts for the majority of the member states with the remainder operating independent monetary policies. Those European Union states that have adopted it are known as the eurozone and share the European Central Bank (ECB).

  6. European Union - Wikipedia

    en.wikipedia.org/wiki/European_Union

    The European System of Central Banks (ESCB) consists of the ECB and the national central banks (NCBs) of all 27 member states of the European Union. The ESCB is not the monetary authority of the eurozone, because not all EU member states have joined the euro. The ESCB's objective is price stability throughout the European Union.

  7. List of currencies in Europe - Wikipedia

    en.wikipedia.org/wiki/List_of_currencies_in_Europe

    In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [1] when they meet the five convergence criteria. [2] Denmark is the only EU member state which has been granted an exemption from using the euro. [1]

  8. Enlargement of the eurozone - Wikipedia

    en.wikipedia.org/wiki/Enlargement_of_the_eurozone

    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 ...

  9. Economy of the European Union - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_European_Union

    The Eurozone or euro area (dark blue) represents around 350 million people. The euro is the second-largest reserve currency in the world. Beginning in the year 1999 with some EU member states, now 20 out of 27 EU states use the euro as official currency in a currency union.