The euro is the official currency for a significant portion of the European Union, acting as a cornerstone of economic integration and simplifying transactions across borders. Currently, 20 EU member states have adopted the euro, creating what is commonly known as the Eurozone. Understanding which countries these are is essential for travelers, businesses, and anyone interested in the European economy.
Eurozone Member States
The following 20 European Union countries have officially adopted the euro (€) as their national currency:
- Austria
- Belgium
- Croatia
- Cyprus
- Estonia
- Finland
- France
- Germany
- Greece
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Portugal
- Slovakia
- Slovenia
- Spain
These countries constitute the Eurozone, where the euro is legal tender. Within these nations, you can use euro banknotes and coins for all transactions, making travel and commerce within the zone seamless.
Euro in Overseas Territories
The reach of the euro extends beyond the European mainland. Several overseas territories and regions associated with Eurozone member states also utilize the euro. These include:
- The Azores and Madeira (Portugal)
- The Canary Islands, Ceuta and Melilla (Spain)
- French Guiana, Guadeloupe, Martinique, Mayotte, Réunion, Saint Barthélemy, and Saint Pierre and Miquelon (France)
These territories, while geographically separate, are integrated into the euro system, facilitating economic activity with the Eurozone.
Countries Outside the EU Using the Euro
Interestingly, the euro’s influence extends beyond the European Union. Four European countries that are not EU members have adopted the euro as their official currency through formal agreements:
- Andorra
- Monaco
- San Marino
- Vatican City
These microstates have unique agreements with the EU allowing them to use the euro, further demonstrating the currency’s widespread acceptance in Europe. Additionally, the euro is used as a de facto currency in:
- Kosovo
- Montenegro
In these regions, while not officially adopted, the euro is widely accepted and used for most transactions.
Cash Transfers and Card Payments in Euro Countries
When traveling to countries that take euros, managing finances is straightforward. Euro banknotes and coins are accepted across the Eurozone and the listed territories and countries. Furthermore, debit and credit cards are widely accepted for payments. EU legislation ensures that cross-border payments in euro within the EU are charged no more than domestic electronic payments. This regulation also applies to euro transactions involving accounts within and outside the Eurozone.
For more detailed information about the euro, its history, and its impact, you can discover more about the euro on the European Union’s official website. You can also find up-to-date exchange rates from the European Central Bank.
EU Legislation and Further Assistance
The use of the euro and related financial regulations are underpinned by EU legislation, ensuring consistent practices across member states. If you require support or advice regarding your rights when traveling or making payments in euro within the EU, you can get advice on your EU rights / solve problems with a public body. You can also utilize the assistance service finder to locate the appropriate support services for your specific needs.
Last checked: 07/01/2025
