Definition

  • Euro area

    The area encompassing those Member States in which the euro has been adopted as the single currency in accordance with the Maastricht Treaty and in which a single monetary policy is conducted under the responsibility of the Governing Council of the ECB. In 2015 the euro area comprises Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain.