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EURO AREA - EMU

Statistics Directorate    
Definition:
The Euro area - EMU (European Monetary Union) is the area comprising those [European Union] Member States in which the euro has been adopted as the single currency in accordance with the Treaty and in which a single monetary policy is conducted under the responsibility of the Governing Council of the European Central Bank (ECB). In 2012 the Euro area comprised Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovak Republic, Slovenia and Spain.

Context:
Also commonly referred to as the Euro zone or Euroland.

Source Publication:
OECD Statistics Directorate, n.d. OECD Main Economic Indicators - Countries Covered. Website. Available at: see website.

Cross References:
euro
European Currency Unit (ECU)
Main Economic Indicator main country groupings

Hyperlink:
http://www.oecd.org/std/oecdmaineconomicindicators-countriescovered.htm

Statistical Theme: Methodological information (metadata)

Created on Tuesday, September 25, 2001

Last updated on Wednesday, April 17, 2013