Showing posts with label erm-2. Show all posts
Showing posts with label erm-2. Show all posts

Monday, June 5, 2023

Which Countries Use the Euro in 2023? (Map of the Eurozone)

This map and explainer article, originally from 2016, have been updated to June 2023 to cover the recent addition of Croatia to the Eurozone. You can see previous versions of the map by viewing all Eurozone articles on PolGeoNow.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II or ERM-2 waiting area), EU non-members using the euro, and other EU countries. Color blind accessible. Updated to June 2023 with the recent entry of Croatia into the Eurozone.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA

Article by Caleb Centanni and Staff Writer 

What is the Eurozone?

Officially called the "euro area", the Eurozone is a nickname for the group of countries in Europe that share a single currency, called the euro, as their official money. The euro currency is managed by the European Union (EU), but many countries in the EU don't use the euro, and some countries outside the EU do use it. The European Central Bank, headquartered in Frankfurt, Germany, is in charge of regulating the currency and making euro coins and bills (bank notes).

Thursday, July 16, 2020

Bulgaria and Croatia Enter Eurozone "Waiting Room" (ERM II)

This article covers the latest changes to PolGeoNow's map of which countries use the euro.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II or ERM-2 waiting area), EU non-members using the euro, and other EU countries (color blind accessible). Updated for July 2020 with the entry of Croatia and Bulgaria into the ERM-II.
The Eurozone, European Union, and other countries using the euro.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA

Croatia and Bulgaria preparing to adopt the euro

The southeastern European countries of Bulgaria and Croatia have been approved by the European Union's central bank to take the next step towards joining the Eurozone - the organization of countries that officially use the euro as their shared currency. As new participants in the "European Exchange Rate Mechanism II" (ERM II or ERM-2), Croatia and Bulgaria are on track to adopt the euro after a 2-3 year waiting period - likely on January 1, 2024.

Which Countries Used the Euro in 2020? (Map of the Eurozone)

There's a newer version of this map and article available. You can always find the latest version at this link: Which Countries Use the Euro Today? (Map of the Eurozone)

This is the archived 2020 version of our Eurozone map and explainer article, which itself was updated from an article originally published in June 2016, with the earliest version of the map appearing in a 2014 news post.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II or ERM-2 waiting area), EU non-members using the euro, and other EU countries (color blind accessible). Updated for July 2020 with the entry of Croatia and Bulgaria into the ERM-II.
The Eurozone, European Union, and other countries using the euro.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA

Article by Caleb Centanni, with additional content by Evan Centanni 

What is the Eurozone?

Officially called the "euro area", the Eurozone is a nickname for the group of countries in Europe that share a single currency, called the euro. The euro currency is administered by the European Union (EU), but many countries in the EU don't use the euro, and some countries outside the EU do use it. The European Central Bank, the governing financial body of the Eurozone, is headquartered in Frankfurt, Germany. Germany, along with eleven other EU countries, became a founding member of the Eurozone in 1999.