Euro zone

The collective name for the 19 countries adopting European Monetary Union (EMU) in full. Sometimes written 'Eurozone', 'eurozone' or 'Euro-zone'.

More formally known as the 'euro area' and more informally as 'euroland'.

The 19 countries in the euro area are:

Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.

The nine European Union (EU) countries which are not in the euro area are:

Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania, Sweden and the United Kingdom (UK).

Brexit

A referendum in the UK in June 2016 resulted in a vote for the UK to begin the process of leaving the EU.

See also

• Brexit
• Central bank
• Eurobond
• European Central Bank
• European Financial Stability Facility
• European Monetary Union
• European Union
• Grexit

Currencies of EU countries not in the euro area

• BGN
• HRK
• CZK
• DKK
• HUF
• PLN
• RON
• SEK
• GBP