Euro area

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

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.