Eurozone Fast Facts
Here’s a look at the eurozone.
Nineteen countries in the European Union use the euro as their currency, and comprise the eurozone.
Facts
The countries in the eurozone as of 2020 are: Austria , Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, The Netherlands, Portugal, Slovakia, Slovenia and Spain.
January 1, 1999 – The euro is introduced.
– Annual budget deficits must not exceed 3% of gross domestic product.
– Public debt must be under 60% of gross domestic product.
– The country must have exchange rate stability.
– Inflation rates must be within 1.5% of the three EU countries with the lowest rate.
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