The euro is the most tangible proof of European integration: around 341 million people use it every day, making it the second most-used currency worldwide. Figures: Geographical size - population - gross domestic product (GDP) per capita in PPS In order to join the euro area, EU member states are required to fulfil so-called 'These binding economic and legal conditions were agreed in the The Treaty does not specify a particular timetable for joining the euro area, but leaves it to member states to develop their own strategies for meeting the condition for euro adoption. The benefits of the common currency are immediately obvious to anyone travelling abroad or shopping online on websites based in another EU country.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.These are countries where the euro has still not been adopted, but who will join once they have met the necessary conditions. In order to join the euro area, EU member states are required to fulfil so-called 'convergence criteria'. Documents, reports and data Living, working, travelling in the EU Institutions, bodies & agencies – contact & visit details There are 44 countries in Europe today, according to the United … It kept its former currency after becoming member of the EU. The European Union (EU) is an economic and political union of 27 countries. Download.
How countries join. Legislation and case-law These countries are collectively known as the Eurozone.The Schengen Area is one of the greatest achievements of the EU. When European countries started to cooperate economically in 1951, only Belgium, Germany, France, Italy, Luxembourg and the Netherlands participated.The euro (€) is the official currency of 19 out of 27 EU countries. Please enable it to continue. Due to the huge volume of EU rules and regulations each candidate country must adopt as national law, the negotiations take time to complete. Euro area member since 1 January 1999. Documents, reports and data Schengen: Schengen area member since 26 March 1995. Is there an issue with this page? Work for and with the EU English . Legislation and case-law Institutions, bodies and agencies We're sorry but reopeneu doesn't work properly without JavaScript enabled. Once an applicant country meets the conditions for membership, it must implement EU rules and regulations in all areas.A country wishing to join the EU submits a membership application to the Council, which asks the Commission to assess the applicant’s ability to meet the Copenhagen criteria. The EU was not always as big as it is today. Yes No. All EU Member States, except Denmark, are required to adopt the euro and join the euro area, once they are ready to fulfil them. Share this page: Was this page useful? It is an area without internal borders, an area within which citizens, many non-EU nationals, business people and tourists can freely circulate without being subjected to border checks. If the Commission’s opinion is positive, the Council must then agree upon a negotiating mandate.
These countries are collectively known as the Eurozone.Which countries use the euro? Doing business in the EU Give feedback about this website or report a problem 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.Occasionally, member states can negotiate an opt-out from any of the European Union legislation or treaties, and agree to not participate in certain policy areas. Countries in Europe: 44. European Commission website This site is managed by the Directorate-General for Communication. The candidates are supported These countries are in the process of 'transposing' (or integrating) EU legislation into national law:Potential candidate countries do not yet fulfil the Work for and with the EU Concerning the single currency, this is the case for Denmark. Institutions, bodies & agencies – contact & visit details The game Europe: Countries is available in the following languages: Seterra is an entertaining and educational geography game that lets you explore the world and learn about its countries, capitals, flags, oceans, lakes and more! Feedback on this website Living, working, travelling in the EU
Give feedback about this website or report a problem Feedback on this website The euro (€) is the official currency of 19 out of 28 EU countries. Institutions, bodies and agencies Since 1985, it has gradually grown and encompasses today almost all EU countries and a few associated non-EU countries.While having abolished their internal borders, Schengen States have also tightened controls at their common external border on the basis of Schengen rules to ensure the security of those living or travelling in the Schengen Area.Becoming a member of the EU is a complex procedure which does not happen overnight. Doing business in the EU These binding economic and legal conditions were agreed in the Maastricht Treaty in 1992 and are also known as 'Maastricht criteria'. Euro area international trade in goods surplus €21.2 bn. Euro area: In June 2020, the COVID-19 containment measures widely introduced by the Member States continued to have a noticeable impact on international trade in goods, although there are signs of improvement compared to the previous month. EU member country: since 1 January 1958; Currency: euro. 2020 European Semester: Country Report - United Kingdom.