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Eurozone Countries 2021 What is the Eurozone

by Financial Economy

The European Union has gradually provided the transition to the Euro, which it announced in 1995. In 1999, the Euro started to be used together with the national currencies in the European Union countries. This process continued for 3 years. Countries that continued to use the Euro along with their national currencies until the beginning of 2002, subsequently continued to use the Euro by removing their national currencies from circulation. As of the end of February 2002, most of the European Union countries withdraw their national currencies from circulation and completely switched to the Euro. Some European Union countries have not passed to the Euro. Information about Eurozone countries 2021, what is the Eurozone is in the continuation of the article.

Eurozone Countries 2021 What is the Eurozone?

Eurozone refers to the countries that use the Euro as their official currency. The number of countries in the Euro Zone is 19. Eurozone countries are as follows. You can browse here for Bank of England Meeting Dates 2021 and 2022.

  • Germany
  • Austria
  • Belgium
  • Estonia
  • Finland
  • France
  • Netherlands
  • Ireland
  • Spain
  • Italy
  • Republic of Cyprus
  • Latvia
  • Lithuania
  • Luxembourg
  • Malta
  • Portugal
  • Slovakia
  • Slovenia
  • Greece

Which Countries are EU Members But Not Using the Euro?

Countries in the European Union that do not use the Euro are divided into two groups. Countries in the first of these groups do not use the Euro in line with their own wishes. The countries in the second group, on the other hand, cannot use the Euro as their official currency since they cannot fulfill the necessary conditions for using the Euro even though they are EU members. Countries that do not use the euro as an official currency in line with their preferences due to the lack of public approval are as follows.

  • United Kingdom (England)
  • Denmark
  • Sweden

The countries that have not fulfilled the requirements to use the euro as an official currency and therefore cannot use the euro as the official currency are the following.

  • Bulgaria
  • Czech Republic
  • Croatia
  • Hungary
  • Poland
  • Romania

Which Countries Are Using The Euro Although Not A Member Of The European Union?

Countries that are not members of the EU but use the euro as their official currency are as follows.

  • Andorra
  • Monaco
  • San Marino
  • Vatican
  • Montenegro
  • Kosovo

For details: https://www.ecb.europa.eu/home/html/index.en.html

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