Definitions for Eurozone
eu·ro·zone

WiktionaryRate this definition:0.0 / 0 votes

1. Eurozonenoun

   (the area of) those European Union member states whose official currency is the euro.

WikipediaRate this definition:0.0 / 0 votes

1. Eurozone

   The euro area, commonly called eurozone (EZ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies. The 20 eurozone members are Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The seven non-eurozone members of the EU are Bulgaria, Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden. They continue to use their own national currencies, although all but Denmark are obliged to join once they meet the euro convergence criteria. Among non-EU member states, Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency and issue their own coins. In addition, Kosovo and Montenegro have adopted the euro unilaterally. These countries, however, have no representation in any eurozone institution.The Eurosystem is the monetary authority of the eurozone, the Eurogroup is an informal body of finance ministers that makes fiscal policy for the currency union, and the European System of Central Banks is responsible for fiscal and monetary cooperation between eurozone and non-eurozone EU members. The European Central Bank (ECB) makes monetary policy for the eurozone, sets its base interest rate, and issues euro banknotes and coins. Since the financial crisis of 2007–2008, the eurozone has established and used provisions for granting emergency loans to member states in return for enacting economic reforms. The eurozone has also enacted some limited fiscal integration; for example, in peer review of each other's national budgets. The issue is political and in a state of flux in terms of what further provisions will be agreed for eurozone change. No eurozone member state has left, and there are no provisions to do so or to be expelled.

WikidataRate this definition:0.0 / 0 votes

1. Eurozone

   The eurozone, officially called the euro area, is an economic and monetary union of 17 European Union member states that have adopted the euro as their common currency and sole legal tender. The eurozone currently consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Other EU states are obliged to join once they meet the criteria to do so. No state has left and there are no provisions to do so or to be expelled. Monetary policy of the zone is the responsibility of the European Central Bank which is governed by a president and a board of the heads of national central banks. The principal task of the ECB is to keep inflation under control. Though there is no common representation, governance or fiscal policy for the currency union, some co-operation does take place through the Euro Group, which makes political decisions regarding the eurozone and the euro. The Euro Group is composed of the finance ministers of eurozone states, however in emergencies, national leaders also form the Euro Group.

How to pronounce Eurozone?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Eurozone in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Eurozone in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of Eurozone in Pythagorean Numerology is: 2

Examples of Eurozone in a Sentence

1. Neil Dwane:

   Unlike 2010, the eurozone banking system is much better insulated from possible contagion following the latest negative developments in Greece, nevertheless, we would expect a markdown of EZ (eurozone) banks in particular as they have been recent strong performers and clear beneficiaries of the rather simplistic 'Europe is recovering' reflation trade.

2. Economy Minister George Stathakis:

   The idea of a Plan B doesn't exist. Our country needs to stay in the eurozone but on a better organized aid program.

3. Phillip Futures:

   Although it would seem that heavier emphasis has been placed on both China and the U.S., Eurozone's demand remains important as well. Provided Eurozone Q2 GDP remains strong, we could be seeing some support to oil prices.

4. Stephen Carlin:

   A lot of what's occurring here is still very much focused in the eurozone, we don't think this dramatically changes the outcome for North America.

5. United States:

   Higher global prices are trickling down to United States. Natural gas has become a global commodity with the emergency of LNG, every spare molecule United States can find, United States are shipping to the eurozone.

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References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Eurozone
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Eurozone
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Eurozone