Eurozone

Area in which the euro is the official currency

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The euro area, commonly called the eurozone (EZ), is a currency union of 20 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies.

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Eurozone increases interest rate for 10th time in a row - hitting a record high The European Central Bank's main interest rate has hit its highest level since the creation of the euro in 1999 amid the continuing battle against inflation. Sky News - Published on September 14, 2023
Eurozone interest rates return to all time high The interest rate in the 20 Eurozone countries has been returned to the highest ever level. Sky News - Published on July 27, 2023
Eurozone inflation hits record high of 9.1% Inflation in the eurozone hit its highest ever level this month, pushed up to 9.1% by soaring energy costs exacerbated by the war in Ukraine. Sky News - Published on August 31, 2022