The European Union and the Eurozone (etc.)
The main purpose of this page is to keep track of those countries that are in the EU and the Eurozone, and those that aren't ...
and those (such as the United Kingdom was until quite recently) that are in one but not the other.
But you can also use it to check the currencies of the countries that don't currently use the euro, and the former currencies of
those that do.
At the bottom of this page we look at a couple of related organisations – hence the 'etc.' in the title!
EU and Eurozone
The Eurozone consists of those members of the EU that have adopted the Euro as their sole legal tender.
On 1 January 2015, Lithuania became the 19th member of the Eurozone.
Country |
|
Capital |
Joined EU |
|
Previous currency | Joined Eurozone |
Austria |
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Vienna | 1995 |
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shilling | 1999 |
Belgium |
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Brussels | 1952 |
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franc | 1999 |
Cyprus |
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Nicosia | 2004 |
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pound | 2008 |
Estonia |
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Tallin | 2004 |
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kroon | 2011 |
Finland |
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Helsinki | 1995 |
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markka or Finnmark | 1999 |
France |
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Paris | 1952 |
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franc | 1999 |
Germany |
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Berlin | 1952 |
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mark | 1999 |
Greece |
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Athens | 1981 |
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drachma | 2001 |
Ireland (Republic of) |
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Dublin | 1973 |
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punt | 1999 |
Italy |
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Rome | 1952 |
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lira | 1999 |
Latvia |
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Riga | 2004 |
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lats | 2014 |
Lithuania |
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Vilnius | 2004 |
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litas | 2015 |
Luxembourg |
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Luxembourg | 1952 |
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franc | 1999 |
Malta |
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Valletta | 2004 |
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lira | 2008 |
Netherlands |
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The Hague | 1952 |
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gulden or guilder | 1999 |
Portugal |
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Lisbon | 1986 |
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escudo | 1999 |
Slovakia |
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Bratislava | 2004 |
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koruna | 2009 |
Slovenia |
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Ljubljana | 2004 |
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tolar | 2007 |
Spain |
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Madrid | 1986 |
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peseta | 1999 |
Non–EU countries that use the Euro
The following six countries are not members of the EU (and therefore cannot be members of the Eurozone) but have adopted the euro:
Country |
|
Capital |
|
Previous currency |
Used the Euro since |
Andorra |
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Andorra la Vella |
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French franc, peseta | 1999 |
Kosovo |
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Pristina |
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German mark | 2002 |
Monaco |
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Monte Carlo |
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Monegasque franc | 2002 |
Montenegro |
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Podgorica |
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German mark | 2002 |
San Marino |
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San Marino |
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Sammarinese lira | 1999 |
Vatican City |
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Vatican City |
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Vatican lira | 1999 |
EU countries that don't use the Euro
The following nine countries are members of the EU but have not (yet) adopted the euro:
Country |
|
Capital |
Joined EU |
|
Currency |
Notes |
Bulgaria |
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Sofia | 2007 |
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lev | no clear adoption plans (Jan 2016) |
Croatia |
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Zagreb | 2013 |
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kuna | expected to adopt the euro around 2016 |
Czech Republic |
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Prague | 2004 |
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koruna | plans to adopt the euro in 2010 were suspended
indefinitely in 2005 |
Denmark |
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Copenhagen | 1973 |
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krone | has a formal opt–out |
Hungary |
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Budapest | 2004 |
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forint | unlikely to adopt the euro before "some
time in the 2020s" |
Poland |
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Warsaw | 2004 |
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zloty | unlikely to adopt the euro before 2019, if at all |
Romania |
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Bucharest | 2007 |
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leu | expected to adopt the euro around 2020 |
Sweden |
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Stockholm | 1995 |
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krona | exploiting a loophole to avoid adopting the euro |
Other European countries
The following sixteen European countries are not members of the EU and have not (yet) adopted the euro:
Country |
|
Capital |
|
Currency |
Albania |
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Tirana |
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lek |
Armenia |
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Yerevan |
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dram |
Azerbaijan |
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Baku |
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manat |
Belarus |
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Minsk |
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Belarusian ruble |
Bosnia and Herzegovina |
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Sarajevo |
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Convertible mark |
FYR Macedonia |
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Skopje |
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denar |
Georgia |
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Tbilisi |
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lari |
Iceland |
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Reykjavik |
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krona |
Liechtenstein |
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Vaduz |
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Swiss franc |
Moldova |
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Chisinau |
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leu |
Norway |
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Oslo |
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krone |
Russia |
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Moscow |
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rouble (1 rouble = 100 kopecks) |
Serbia |
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Belgrade |
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dinar |
Switzerland |
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Berne |
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franc |
Ukraine |
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Kiev |
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hryvnia |
United Kingdom |
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London |
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pound (sterling) |
European Free Trade Area (EFTA)
The EFTA was established on 3 May 1960 as an alternative trade organisation for European states that
were either unable or unwilling to join the European Economic Community (EEC – now the EU).
The UK was a founder member of EFTA, but left in 1973 on joining the EEC.
EFTA currently (pending the resolution of issues surrounding Brexit) has four members:
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Iceland |
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Liechtenstein |
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Norway |
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Switzerland |
European Economic Area (EEA)
The EEA was established in 1994 and is open to countries that are members of either the EU or EFTA.
Number of EEA members |
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30 |
EFTA member that is not a member of EEA |
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Switzerland |
The latest EU member – awaiting ratification of its application for EEA membership |
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Croatia |
© Haydn Thompson 2017–21