Showing posts with label eurozone. Show all posts
Showing posts with label eurozone. Show all posts

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 Use the Euro in 2020? (Map of the Eurozone)

Editor's Note: As of January 2023, the Eurozone now includes Croatia. The map and article below will soon be updated to reflect this.

This Eurozone map and explainer article have been updated to July 2020. The article was originally published in June 2016, and the earliest version of the map appeared in a 2014 news article.

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.

Wednesday, January 7, 2015

Lithuania Joins the Eurozone (map)

Even as doubts persist about the future of the euro, and talk is in the air about a possible exit for Greece, other countries have still moved forward with adopting the currency. One such country joined the Eurozone just last week.

Map of the Eurozone (euro area), showing which countries use the euro as their currency. Includes members, pre-members (ERM II), EU non-members using the euro, and other EU countries (colorblind accessible).
The Eurozone, European Union, and other countries using the euro.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA
Premium members click here to view this article in the ad-free members area. Not a member yet? Subscribe now!

Thursday, August 28, 2014

Latvia Joins the Eurozone (map)

This article was originally published as "Map: Which Countries Use the Euro? (Plus: This Year's New Addition)". To see newer versions of the map, view 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), EU non-members using the euro, and other EU countries (colorblind accessible).
The Eurozone, European Union, and other countries using the euro.
Map by Evan Centanni, from blank map by Ssolbergj. License: CC BY-SA
Premium members click here to view this article in the ad-free members area. Not a member yet? Subscribe now!