Eurozone
Area in which the euro is the official currency
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2020 | United Kingdom officially withdrew from the European Union, ending its previous euro opt-out status. |
2020 | A University of Bonn study found the euro adoption created 'mild losers' (France, Germany, Italy, and Portugal) and a 'clear winner' (Ireland) using the synthetic control method. |
July 10 2020 | Bulgaria officially joined the European Exchange Rate Mechanism (ERM II), a key step towards potential eurozone membership. |
2019 | A Centre for European Policy study concluded that while some countries gained from adopting the euro, several countries (particularly France and Italy) were poorer than they would have been without it. |
2018 | A study using DiD methodology found no systematic growth effects from euro adoption when compared to European economies outside the eurozone. |
2016 | Oliver Hart, Nobel Memorial Prize in Economic Sciences recipient, criticized the euro as a 'mistake' and expressed opposition to European monetary union and centralization. |
2010 | Eurozone debt crisis diminished interest from Poland, Czech Republic, Denmark, and Sweden in joining the currency union. |
This contents of the box above is based on material from the Wikipedia article Eurozone, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.