Eurozone

The Eurozone is a currency union of 20 member states of the European Union that have adopted the euro as their primary currency. The 20 member states are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain, and Croatia. Additionally, six countries have formal agreements to use the euro: Andorra, Monaco, San Marino, Vatican City, Kosovo, and Montenegro. The Eurosystem is the monetary authority of the eurozone, and the European Central Bank makes monetary policy for the eurozone. The eurozone has established provisions for granting emergency loans to member states and has enacted some limited fiscal integration.learn more on wikipedia