How many countries are members of Eurozone in 2011?

Greece joined in 2001, just one year before the cash changeover, followed by Slovenia in 2007, Cyprus and Malta in 2008, Slovakia in 2009, Estonia in 2011, Latvia in 2014 and Lithuania in 2015. Today, the euro area numbers 19 EU Member States.

How many countries are in eurozone?

19
Currently, the euro (€) is the official currency of 19 out of 27 EU member countries which together constitute the Eurozone, officially called the euro area.

How many countries were in the European Union in 2010?

26 March – At a European Council meeting in Brussels, EU leaders adopt Europe 2020 targets and all 16 eurozone countries back a plan to help Greece deal with its deficit.

How many countries use the Euro 2021?

19 member states
The euro is a form of currency used throughout the European Union. A total of 19 member states and a handful of EU territories use this form of currency….Countries That Use The Euro 2021.

Who adopted the euro first?

France
France is a founding member of the European Union and one of the first countries to adopt the euro on 1 January 1999.

Is UK part of the eurozone?

The United Kingdom, while part of the European Union, does not use the euro as a common currency. The UK has kept the British Pound because the government has determined the euro does not meet five critical tests that would be necessary to use it.

Who are the members of the euro area?

These EU countries form the euro area, also known as the eurozone. These are countries where the euro has still not been adopted, but who will join once they have met the necessary conditions. Mostly, it consists of countries of member states which acceded to the Union in 2004, 2007 and 2013, after the euro was launched in 2002.

How many countries have adopted the euro since 2007?

Between 2007 and 2015, seven new states acceded. Four of the dependent territories of EU member states not part of the EU have adopted the euro: 19 in the eurozone. European Union member states which have applied to join ERM II ( Bulgaria and Croatia).

How many countries are part of the Eurozone?

(CNN) Here’s a look at the eurozone. Nineteen countries in the European Union use the euro as their currency, and comprise the eurozone.

Why are countries not allowed to join Eurozone?

Member states are not permitted to join the eurozone before their public finances comply with debt and deficit criteria outlined by the Stability and Growth Pact, which aim to keep inflation and long-term interest rates below certain values. They must also ensure that their national laws comply with the rules of the European Central Bank.