The euro (€) is the currency unit of the European Union's eurozone, divided into 100 cents, and used by numerous EU member countries for trade and financial transactions.
The European Central Bank (ECB) is the central bank for the eurozone, responsible for monetary policy and issuance of euros in member states.
The European Currency Unit (ECU) served as the precursor to the Euro and was a unit of account used by the European Economic Community before the adoption of the Euro.
A former currency medium and unit of account created in 1979 to serve as the reserve asset and accounting unit of the European Monetary System (EMS).
The European Economic and Monetary Union (EMU) represents an umbrella term for the group of policies aimed at converging the economies of European Union (EU) member states including the adoption of a single currency, the Euro.
The European Economic and Monetary Union (EMU) is the policy framework that resulted in the creation of the European Central Bank (1998) and a single European currency for participating states.
An intergovernmental body established in September 2012 to provide permanent financial stability for the eurozone by offering financial assistance to member states facing economic difficulties.
The Eurozone comprises the 19 member countries of the European Union that have adopted the euro as their currency, collectively managed under the monetary policy dictated by the European Central Bank.
The Exchange Rate Mechanism (ERM) is a system introduced by the European Economic Community to reduce exchange rate variability and achieve monetary stability in Europe ahead of the introduction of a single currency, the Euro.
The Exchange Rate Mechanism (ERM) is a system introduced by the European Economic Community in March 1979 to reduce exchange rate variability and achieve monetary stability in Europe in preparation for Economic and Monetary Union and the introduction of a single currency, the euro.
Key currencies are the major currencies in the global economy, frequently used in international trade and finance.
