Euro area

Introduction to the euro area
The euro area consists of those EU countries which have adopted the euro as their currency.

About the euro
The euro is the unit of currency of 18 EU Member States. Background on its introduction.
This document is in: Money and Tax > Personal finance > Financial institutions

Using the euro
Find out about the advanced security features which make euro banknotes and coins recognisable and protect against counterfeiting.
This document is in: Money and Tax > Personal finance > Financial institutions

EU economic governance
The collection of EU rules on government debt and deficits is called the Stability and Growth Pact

EU stabilisation mechanisms
There are mechanisms set up for providing funding to member states that are experiencing economic difficulties.

Fiscal Stability Treaty
The Fiscal Stability Treaty aims to strengthen fiscal discipline in the euro area.

Banking union
A banking union was set up to ensure that banks are stronger and better supervised and problems resolved more easily. Find out more.

Financial supervision
There is an EU-wide system for the supervision of the financial sector.