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| | Currency name | Euro | | Local name | ευρώ | | ISO 4217 Code | EUR (num. 978) | | Official user | European Union Eurozone (17)
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title=European Union Eurozone (17)
Austria
Belgium
Cyprus
Estonia
Finland
France
Germany
Greece
Ireland
Italy
Luxembourg
Malta
Netherlands
Portugal
Slovakia
Slovenia
Spain
3 states with issuing rights
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title=3 states with issuing rights
Monaco
San Marino
Vatican City
4 territories outside the EU
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title=4 territories outside the EU
UK Akrotiri and Dhekelia (UK)
France Clipperton Island (France)
France French Southern and Antarctic Lands (France)
France Saint Pierre and Miquelon (France)
| | Unofficial user | 4 other users
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title=4 other users
Andorra
Kosovo
Montenegro
Zimbabwe
| | Inflation | 2.8%, April 2011 | | Pegged by | 10 currencies
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title=10 currencies
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Bosnia & Herz. convertible mark
Bulgarian lev
Cape Verdean escudo
Central African CFA franc
CFP franc
Comorian franc
Danish krone (±2.25%)
Latvian lats
Lithuanian litas
West African CFA franc
| | Symbol | - | | Central bank | European Central Bank | | Printer | Several, click to
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title=Several, click to
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Istituto Poligrafico e Zecca dello Stato
Banco de Portugal
Bank of Greece
Banque de France
Bundesdruckerei
Central Bank and Financial Services Authority of Ireland
De La Rue
Fábrica Nacional de Moneda y Timbre
François-Charles Oberthur
Giesecke & Devrient
Royal Joh. Enschedé
National Bank of Belgium
Oesterreichische Banknoten- und Sicherheitsdruck GmbH
Setec Oy
| | Mint | Several, click to
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title=Several, click to
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Bayerisches Hauptmünzamt, Munich (Mint mark: D)
Currency Centre
Fábrica Nacional de Moneda y Timbre
Hamburgische Münze (J)
Imprensa Nacional Casa da Moeda SA
Istituto Poligrafico e Zecca dello Stato
Koninklijke Nederlandse Munt
Koninklijke Munt van België/Monnaie Royale de Belgique
Mincovňa Kremnica
Monnaie de Paris
Münze Österreich
Rahapaja Oy/Myntverket i Finland Ab
Staatliche Münze Berlin (A)
Staatliche Münze Karlsruhe (G)
Staatliche Münze Stuttgart (F)
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The Euro (sign: -; code: EUR) is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also used in a further five European countries (Montenegro, Andorra, Monaco, San Marino and Vatican City) and the disputed territory of Kosovo. It is consequently used daily by some 332 million Europeans. Additionally, over 175 million people worldwide use currencies which are pegged to the euro, including more than 150 million people in Africa.
The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar.
, with nearly -890 billion in circulation, the euro has the highest combined value of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.
Based on International Monetary Fund estimates of 2008 GDP and purchasing power parity among the various currencies, the eurozone is the second largest economy in the world.
The name Euro was officially adopted on 16 December 1995. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1. Euro coins and banknotes entered circulation on 1 January 2002.
Since late 2009 the euro has been immersed in the European sovereign debt crisis which has led to the state bonds of three eurozone states to be downgraded to "junk" status, and the creation of the European Financial Stability Facility.
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