What is the Eurozone?

Zone, refers to the European Union members use the European Union’s unity – the euro area of the country.

On January 1, 1999, European Union countries began to implement the single currency, the Euro, and in the euro countries to implement a unified.

In July 2002, the euro became the sole legal tender in the eurozone.

The eurozone has 19 member countries, including Germany, France, Italy, the Netherlands, Belgium, Luxembourg, Ireland, Spain, Portugal, Austria, Finland, Lithuania, Latvia, Estonia, Slovakia, Slovenia, Greece, Malta and Cyprus.