BUYUSA.GOV -- U.S. Commercial Service

U.S. Mission to the European Union

The Euro

The euro has replaced the local currencies of thirteen European Union (EU) member states. The countries that now use the euro include Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, The Netherlands, Portugal, Slovenia and Spain.

There are fourteen EU member states that do not currently use the euro. They include Bulgaria, Czech Republic, Denmark, Estonia, Cyprus, Latvia, Lithuania, Hungary, Malta, Poland, Romania, Slovakia, Sweden and the United Kingdom.

Denmark, Estonia, Cyprus, Latvia, Lithuania, Malta and Slovakia are members of the exchange rate mechanism II (ERM II). This means that their currencies are linked to the euro. Cyprus and Malta are looking to adopt the common European currency by January 1st, 2008.

The EU Central Bank's Internet website has complete information in several languages, including English.

Links to web sites outside the U.S. Government or the use of trade, firm, or corporation names within U.S. Commercial Service web sites are for the convenience of the user. Such links and use do not constitute an express or implied official endorsement or approval by the United States Department of Commerce of any private sector web site, or of the products or services of specifically identified companies or entities.