Slovakia joined the European Union in 2004 and adopted the euro on 1 January 2009. Luxembourg is a founding member of the European Union and one of the first countries to adopt the euro on 1 January 1999. Explore this interactive map and the tables below it to find out which countries of the European Union are part of the euro area, as well as when they started using the euro. No promises. The full list is shown in the table below, with current population and subregion (based on the United Nations official statistics). The big idea behind the EU (and ultimately the Euro) is a simple one. European countries don't actually use the Euro! There are 44 countries in Europe today, according to the United Nations. There are 25 countries that use that euro as their official currency. Estonia joined the European Union in 2004 and adopted the euro on 1 January 2011. Spain is divided into 17 administrative regions and two autonomous municipalities. Ireland and the euro. Not included in this total of "countries" and listed separately are: Dependencies (or dependent territories, dependent areas) or Areas of Special Sovereignty (autonomous territories) Sweden still uses the Swedish Krona, and Denmark the Danish Krona, so you will need different currencies for those countries as well as Russia. | PaySpace Magazine One of the biggest industries in France is the aerospace industry which is led by the European consortium Airbus. What is the European Union? The country is a unitary parliamentary state led by the president and the prime minister. Austria joined the European Union in 1995 and was one of the first countries to adopt the euro on 1 January 1999. It has a mixed economy with the government having a substantive intervention and enterprises. Ongoing trade tensions and geopolitical uncertainties are contributing to a slowdown in world trade growth, which has more than halved since last year. The eurozone is a collection of 19 countries from the European Union who have agreed to use the euro as their common currency and sole legal tender in their countries. The automobile industry in the country is one of the most competitive and makes up a large percentage of the country's IQ together with the IT sector. The widely used payment instruments in the international trade and banking are the Euro, the Pound sterling and the Swiss franc, which are also always included in the top 10 list of the most traded currencies in the forex market. A long preparatory path of over 40 years led to the introduction of the euro in 2002. The agricultural sector is also highly developed and competitive with the country being the leading global wine producer. It also has one of the lowest unemployment rates (4.7%) in the world. Following is a list of European countries that don't use EURO as their currency. Hungary joined the European Union in 2004 and is currently preparing to adopt the euro. Bulgaria (Lev) 5. Portugal joined the European Union in 1986 and was one of the first countries to adopt the euro on 1 January 1999. This includes the 19 members of the eurozone: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.There are also 4 countries that have joined a monetary agreement with the EU but are not a part of it: Andorra, Monaco, San Marino, and Vatic… The economy has highly skilled labor force, a large capital stock, high level of innovation and very low corruption levels. The country has high life expectancy with an average of 80 years and a low fertility rate of 1.41 children per woman. The population of Italy is around 60 million. Austria is a member country of the EU since January 1, 1995 with its geographic size of 83,879 km², and population number 8,576,234, as per 2015. Denmark joined the European Union in 1973. There are eight euro coin denominations: 1, 2, 5, 10, 20, and 50 cents and 1 and 2 euro coins. The single currency—the euro—will enter into use, and the European System of ... (the euro) in all 11 countries, ... most of which were added to the reserves of other countries. Bulgaria joined the European Union on 1 January 2007 and has been in ERM-II since 10 July 2020. It has negotiated an opt-out from the euro and is thus not obliged to introduce it. The RAF is the biggest Eurofighter Typhoon customer with the 100th aircraft delivered to No 1 (Fighter) Squadron at RAF Leuchars in January 2013. Royal Air Force, United Kingdom. Greece joined the European Union in 1981, and adopted the euro in 2001 in time to be among the first wave of countries to launch euro banknotes and coins on 1 January 2002. Czechia joined the European Union in 2004 and is currently preparing to adopt the euro. In response to the uncontrollable inflation brought about by disastrous economic policies and international sanctions, Zimbabwe was forced to adopt the US dollar in place of the Zimbabwean currency which had been rendered worthless. You may find some tourist orientated businesses accept Euros, but if so it will be at a bad exchange rate. As an independent central bank, the ECB has sole authority to set monetary policy. Not all Eurozone countries use the 1- … The great recession in the early 1980s negatively affected the Italian economy coupled with European sovereign-debt crisis. Which European countries don't use the euro currency and why? France has a unitary semi-presidential government. This question is prompted by two main challenges in the global economy today. Austrians comprise 1.7% of the total EU population. 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. 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