CINXE.COM

Economic and Monetary Union of the European Union - Wikipedia

<!DOCTYPE html> <html class="client-nojs vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available" lang="en" dir="ltr"> <head> <meta charset="UTF-8"> <title>Economic and Monetary Union of the European Union - Wikipedia</title> <script>(function(){var className="client-js vector-feature-language-in-header-enabled vector-feature-language-in-main-page-header-disabled vector-feature-sticky-header-disabled vector-feature-page-tools-pinned-disabled vector-feature-toc-pinned-clientpref-1 vector-feature-main-menu-pinned-disabled vector-feature-limited-width-clientpref-1 vector-feature-limited-width-content-enabled vector-feature-custom-font-size-clientpref-1 vector-feature-appearance-pinned-clientpref-1 vector-feature-night-mode-enabled skin-theme-clientpref-day vector-toc-available";var cookie=document.cookie.match(/(?:^|; )enwikimwclientpreferences=([^;]+)/);if(cookie){cookie[1].split('%2C').forEach(function(pref){className=className.replace(new RegExp('(^| )'+pref.replace(/-clientpref-\w+$|[^\w-]+/g,'')+'-clientpref-\\w+( |$)'),'$1'+pref+'$2');});}document.documentElement.className=className;}());RLCONF={"wgBreakFrames":false,"wgSeparatorTransformTable":["",""],"wgDigitTransformTable":["",""],"wgDefaultDateFormat":"dmy", "wgMonthNames":["","January","February","March","April","May","June","July","August","September","October","November","December"],"wgRequestId":"386569be-a9e5-44fa-ae11-781aac0a618d","wgCanonicalNamespace":"","wgCanonicalSpecialPageName":false,"wgNamespaceNumber":0,"wgPageName":"Economic_and_Monetary_Union_of_the_European_Union","wgTitle":"Economic and Monetary Union of the European Union","wgCurRevisionId":1253641454,"wgRevisionId":1253641454,"wgArticleId":26267738,"wgIsArticle":true,"wgIsRedirect":false,"wgAction":"view","wgUserName":null,"wgUserGroups":["*"],"wgCategories":["Webarchive template wayback links","Articles with short description","Short description is different from Wikidata","Articles needing additional references from March 2007","All articles needing additional references","Use dmy dates from March 2020","All articles with unsourced statements","Articles with unsourced statements from May 2019","Economy of the European Union","Monetary policy of the European Union"], "wgPageViewLanguage":"en","wgPageContentLanguage":"en","wgPageContentModel":"wikitext","wgRelevantPageName":"Economic_and_Monetary_Union_of_the_European_Union","wgRelevantArticleId":26267738,"wgIsProbablyEditable":true,"wgRelevantPageIsProbablyEditable":true,"wgRestrictionEdit":[],"wgRestrictionMove":[],"wgNoticeProject":"wikipedia","wgCiteReferencePreviewsActive":false,"wgFlaggedRevsParams":{"tags":{"status":{"levels":1}}},"wgMediaViewerOnClick":true,"wgMediaViewerEnabledByDefault":true,"wgPopupsFlags":0,"wgVisualEditor":{"pageLanguageCode":"en","pageLanguageDir":"ltr","pageVariantFallbacks":"en"},"wgMFDisplayWikibaseDescriptions":{"search":true,"watchlist":true,"tagline":false,"nearby":true},"wgWMESchemaEditAttemptStepOversample":false,"wgWMEPageLength":40000,"wgRelatedArticlesCompat":[],"wgCentralAuthMobileDomain":false,"wgEditSubmitButtonLabelPublish":true,"wgULSPosition":"interlanguage","wgULSisCompactLinksEnabled":false,"wgVector2022LanguageInHeader":true, "wgULSisLanguageSelectorEmpty":false,"wgWikibaseItemId":"Q212141","wgCheckUserClientHintsHeadersJsApi":["brands","architecture","bitness","fullVersionList","mobile","model","platform","platformVersion"],"GEHomepageSuggestedEditsEnableTopics":true,"wgGETopicsMatchModeEnabled":false,"wgGEStructuredTaskRejectionReasonTextInputEnabled":false,"wgGELevelingUpEnabledForUser":false};RLSTATE={"ext.globalCssJs.user.styles":"ready","site.styles":"ready","user.styles":"ready","ext.globalCssJs.user":"ready","user":"ready","user.options":"loading","ext.cite.styles":"ready","skins.vector.search.codex.styles":"ready","skins.vector.styles":"ready","skins.vector.icons":"ready","jquery.makeCollapsible.styles":"ready","ext.wikimediamessages.styles":"ready","ext.visualEditor.desktopArticleTarget.noscript":"ready","ext.uls.interlanguage":"ready","wikibase.client.init":"ready","ext.wikimediaBadges":"ready"};RLPAGEMODULES=["ext.cite.ux-enhancements","mediawiki.page.media","ext.scribunto.logs","site", "mediawiki.page.ready","jquery.makeCollapsible","mediawiki.toc","skins.vector.js","ext.centralNotice.geoIP","ext.centralNotice.startUp","ext.gadget.ReferenceTooltips","ext.gadget.switcher","ext.urlShortener.toolbar","ext.centralauth.centralautologin","mmv.bootstrap","ext.popups","ext.visualEditor.desktopArticleTarget.init","ext.visualEditor.targetLoader","ext.echo.centralauth","ext.eventLogging","ext.wikimediaEvents","ext.navigationTiming","ext.uls.interface","ext.cx.eventlogging.campaigns","ext.cx.uls.quick.actions","wikibase.client.vector-2022","ext.checkUser.clientHints","ext.growthExperiments.SuggestedEditSession","wikibase.sidebar.tracking"];</script> <script>(RLQ=window.RLQ||[]).push(function(){mw.loader.impl(function(){return["user.options@12s5i",function($,jQuery,require,module){mw.user.tokens.set({"patrolToken":"+\\","watchToken":"+\\","csrfToken":"+\\"}); }];});});</script> <link rel="stylesheet" href="/w/load.php?lang=en&amp;modules=ext.cite.styles%7Cext.uls.interlanguage%7Cext.visualEditor.desktopArticleTarget.noscript%7Cext.wikimediaBadges%7Cext.wikimediamessages.styles%7Cjquery.makeCollapsible.styles%7Cskins.vector.icons%2Cstyles%7Cskins.vector.search.codex.styles%7Cwikibase.client.init&amp;only=styles&amp;skin=vector-2022"> <script async="" src="/w/load.php?lang=en&amp;modules=startup&amp;only=scripts&amp;raw=1&amp;skin=vector-2022"></script> <meta name="ResourceLoaderDynamicStyles" content=""> <link rel="stylesheet" href="/w/load.php?lang=en&amp;modules=site.styles&amp;only=styles&amp;skin=vector-2022"> <meta name="generator" content="MediaWiki 1.44.0-wmf.4"> <meta name="referrer" content="origin"> <meta name="referrer" content="origin-when-cross-origin"> <meta name="robots" content="max-image-preview:standard"> <meta name="format-detection" content="telephone=no"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/1200px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png"> <meta property="og:image:width" content="1200"> <meta property="og:image:height" content="918"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/800px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png"> <meta property="og:image:width" content="800"> <meta property="og:image:height" content="612"> <meta property="og:image" content="https://upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/640px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png"> <meta property="og:image:width" content="640"> <meta property="og:image:height" content="489"> <meta name="viewport" content="width=1120"> <meta property="og:title" content="Economic and Monetary Union of the European Union - Wikipedia"> <meta property="og:type" content="website"> <link rel="preconnect" href="//upload.wikimedia.org"> <link rel="alternate" media="only screen and (max-width: 640px)" href="//en.m.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European_Union"> <link rel="alternate" type="application/x-wiki" title="Edit this page" href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit"> <link rel="apple-touch-icon" href="/static/apple-touch/wikipedia.png"> <link rel="icon" href="/static/favicon/wikipedia.ico"> <link rel="search" type="application/opensearchdescription+xml" href="/w/rest.php/v1/search" title="Wikipedia (en)"> <link rel="EditURI" type="application/rsd+xml" href="//en.wikipedia.org/w/api.php?action=rsd"> <link rel="canonical" href="https://en.wikipedia.org/wiki/Economic_and_Monetary_Union_of_the_European_Union"> <link rel="license" href="https://creativecommons.org/licenses/by-sa/4.0/deed.en"> <link rel="alternate" type="application/atom+xml" title="Wikipedia Atom feed" href="/w/index.php?title=Special:RecentChanges&amp;feed=atom"> <link rel="dns-prefetch" href="//meta.wikimedia.org" /> <link rel="dns-prefetch" href="//login.wikimedia.org"> </head> <body class="skin--responsive skin-vector skin-vector-search-vue mediawiki ltr sitedir-ltr mw-hide-empty-elt ns-0 ns-subject mw-editable page-Economic_and_Monetary_Union_of_the_European_Union rootpage-Economic_and_Monetary_Union_of_the_European_Union skin-vector-2022 action-view"><a class="mw-jump-link" href="#bodyContent">Jump to content</a> <div class="vector-header-container"> <header class="vector-header mw-header"> <div class="vector-header-start"> <nav class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-dropdown" class="vector-dropdown vector-main-menu-dropdown vector-button-flush-left vector-button-flush-right" > <input type="checkbox" id="vector-main-menu-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-main-menu-dropdown" class="vector-dropdown-checkbox " aria-label="Main menu" > <label id="vector-main-menu-dropdown-label" for="vector-main-menu-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-menu mw-ui-icon-wikimedia-menu"></span> <span class="vector-dropdown-label-text">Main menu</span> </label> <div class="vector-dropdown-content"> <div id="vector-main-menu-unpinned-container" class="vector-unpinned-container"> <div id="vector-main-menu" class="vector-main-menu vector-pinnable-element"> <div class="vector-pinnable-header vector-main-menu-pinnable-header vector-pinnable-header-unpinned" data-feature-name="main-menu-pinned" data-pinnable-element-id="vector-main-menu" data-pinned-container-id="vector-main-menu-pinned-container" data-unpinned-container-id="vector-main-menu-unpinned-container" > <div class="vector-pinnable-header-label">Main menu</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-main-menu.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-main-menu.unpin">hide</button> </div> <div id="p-navigation" class="vector-menu mw-portlet mw-portlet-navigation" > <div class="vector-menu-heading"> Navigation </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-mainpage-description" class="mw-list-item"><a href="/wiki/Main_Page" title="Visit the main page [z]" accesskey="z"><span>Main page</span></a></li><li id="n-contents" class="mw-list-item"><a href="/wiki/Wikipedia:Contents" title="Guides to browsing Wikipedia"><span>Contents</span></a></li><li id="n-currentevents" class="mw-list-item"><a href="/wiki/Portal:Current_events" title="Articles related to current events"><span>Current events</span></a></li><li id="n-randompage" class="mw-list-item"><a href="/wiki/Special:Random" title="Visit a randomly selected article [x]" accesskey="x"><span>Random article</span></a></li><li id="n-aboutsite" class="mw-list-item"><a href="/wiki/Wikipedia:About" title="Learn about Wikipedia and how it works"><span>About Wikipedia</span></a></li><li id="n-contactpage" class="mw-list-item"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us" title="How to contact Wikipedia"><span>Contact us</span></a></li> </ul> </div> </div> <div id="p-interaction" class="vector-menu mw-portlet mw-portlet-interaction" > <div class="vector-menu-heading"> Contribute </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="n-help" class="mw-list-item"><a href="/wiki/Help:Contents" title="Guidance on how to use and edit Wikipedia"><span>Help</span></a></li><li id="n-introduction" class="mw-list-item"><a href="/wiki/Help:Introduction" title="Learn how to edit Wikipedia"><span>Learn to edit</span></a></li><li id="n-portal" class="mw-list-item"><a href="/wiki/Wikipedia:Community_portal" title="The hub for editors"><span>Community portal</span></a></li><li id="n-recentchanges" class="mw-list-item"><a href="/wiki/Special:RecentChanges" title="A list of recent changes to Wikipedia [r]" accesskey="r"><span>Recent changes</span></a></li><li id="n-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_upload_wizard" title="Add images or other media for use on Wikipedia"><span>Upload file</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> <a href="/wiki/Main_Page" class="mw-logo"> <img class="mw-logo-icon" src="/static/images/icons/wikipedia.png" alt="" aria-hidden="true" height="50" width="50"> <span class="mw-logo-container skin-invert"> <img class="mw-logo-wordmark" alt="Wikipedia" src="/static/images/mobile/copyright/wikipedia-wordmark-en.svg" style="width: 7.5em; height: 1.125em;"> <img class="mw-logo-tagline" alt="The Free Encyclopedia" src="/static/images/mobile/copyright/wikipedia-tagline-en.svg" width="117" height="13" style="width: 7.3125em; height: 0.8125em;"> </span> </a> </div> <div class="vector-header-end"> <div id="p-search" role="search" class="vector-search-box-vue vector-search-box-collapses vector-search-box-show-thumbnail vector-search-box-auto-expand-width vector-search-box"> <a href="/wiki/Special:Search" class="cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only search-toggle" title="Search Wikipedia [f]" accesskey="f"><span class="vector-icon mw-ui-icon-search mw-ui-icon-wikimedia-search"></span> <span>Search</span> </a> <div class="vector-typeahead-search-container"> <div class="cdx-typeahead-search cdx-typeahead-search--show-thumbnail cdx-typeahead-search--auto-expand-width"> <form action="/w/index.php" id="searchform" class="cdx-search-input cdx-search-input--has-end-button"> <div id="simpleSearch" class="cdx-search-input__input-wrapper" data-search-loc="header-moved"> <div class="cdx-text-input cdx-text-input--has-start-icon"> <input class="cdx-text-input__input" type="search" name="search" placeholder="Search Wikipedia" aria-label="Search Wikipedia" autocapitalize="sentences" title="Search Wikipedia [f]" accesskey="f" id="searchInput" > <span class="cdx-text-input__icon cdx-text-input__start-icon"></span> </div> <input type="hidden" name="title" value="Special:Search"> </div> <button class="cdx-button cdx-search-input__end-button">Search</button> </form> </div> </div> </div> <nav class="vector-user-links vector-user-links-wide" aria-label="Personal tools"> <div class="vector-user-links-main"> <div id="p-vector-user-menu-preferences" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-userpage" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-dropdown" class="vector-dropdown " title="Change the appearance of the page&#039;s font size, width, and color" > <input type="checkbox" id="vector-appearance-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-appearance-dropdown" class="vector-dropdown-checkbox " aria-label="Appearance" > <label id="vector-appearance-dropdown-label" for="vector-appearance-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-appearance mw-ui-icon-wikimedia-appearance"></span> <span class="vector-dropdown-label-text">Appearance</span> </label> <div class="vector-dropdown-content"> <div id="vector-appearance-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <div id="p-vector-user-menu-notifications" class="vector-menu mw-portlet emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> <div id="p-vector-user-menu-overflow" class="vector-menu mw-portlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&amp;utm_medium=sidebar&amp;utm_campaign=C13_en.wikipedia.org&amp;uselang=en" class=""><span>Donate</span></a> </li> <li id="pt-createaccount-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:CreateAccount&amp;returnto=Economic+and+Monetary+Union+of+the+European+Union" title="You are encouraged to create an account and log in; however, it is not mandatory" class=""><span>Create account</span></a> </li> <li id="pt-login-2" class="user-links-collapsible-item mw-list-item user-links-collapsible-item"><a data-mw="interface" href="/w/index.php?title=Special:UserLogin&amp;returnto=Economic+and+Monetary+Union+of+the+European+Union" title="You&#039;re encouraged to log in; however, it&#039;s not mandatory. [o]" accesskey="o" class=""><span>Log in</span></a> </li> </ul> </div> </div> </div> <div id="vector-user-links-dropdown" class="vector-dropdown vector-user-menu vector-button-flush-right vector-user-menu-logged-out" title="Log in and more options" > <input type="checkbox" id="vector-user-links-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-user-links-dropdown" class="vector-dropdown-checkbox " aria-label="Personal tools" > <label id="vector-user-links-dropdown-label" for="vector-user-links-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-ellipsis mw-ui-icon-wikimedia-ellipsis"></span> <span class="vector-dropdown-label-text">Personal tools</span> </label> <div class="vector-dropdown-content"> <div id="p-personal" class="vector-menu mw-portlet mw-portlet-personal user-links-collapsible-item" title="User menu" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-sitesupport" class="user-links-collapsible-item mw-list-item"><a href="https://donate.wikimedia.org/wiki/Special:FundraiserRedirector?utm_source=donate&amp;utm_medium=sidebar&amp;utm_campaign=C13_en.wikipedia.org&amp;uselang=en"><span>Donate</span></a></li><li id="pt-createaccount" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:CreateAccount&amp;returnto=Economic+and+Monetary+Union+of+the+European+Union" title="You are encouraged to create an account and log in; however, it is not mandatory"><span class="vector-icon mw-ui-icon-userAdd mw-ui-icon-wikimedia-userAdd"></span> <span>Create account</span></a></li><li id="pt-login" class="user-links-collapsible-item mw-list-item"><a href="/w/index.php?title=Special:UserLogin&amp;returnto=Economic+and+Monetary+Union+of+the+European+Union" title="You&#039;re encouraged to log in; however, it&#039;s not mandatory. [o]" accesskey="o"><span class="vector-icon mw-ui-icon-logIn mw-ui-icon-wikimedia-logIn"></span> <span>Log in</span></a></li> </ul> </div> </div> <div id="p-user-menu-anon-editor" class="vector-menu mw-portlet mw-portlet-user-menu-anon-editor" > <div class="vector-menu-heading"> Pages for logged out editors <a href="/wiki/Help:Introduction" aria-label="Learn more about editing"><span>learn more</span></a> </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="pt-anoncontribs" class="mw-list-item"><a href="/wiki/Special:MyContributions" title="A list of edits made from this IP address [y]" accesskey="y"><span>Contributions</span></a></li><li id="pt-anontalk" class="mw-list-item"><a href="/wiki/Special:MyTalk" title="Discussion about edits from this IP address [n]" accesskey="n"><span>Talk</span></a></li> </ul> </div> </div> </div> </div> </nav> </div> </header> </div> <div class="mw-page-container"> <div class="mw-page-container-inner"> <div class="vector-sitenotice-container"> <div id="siteNotice"><!-- CentralNotice --></div> </div> <div class="vector-column-start"> <div class="vector-main-menu-container"> <div id="mw-navigation"> <nav id="mw-panel" class="vector-main-menu-landmark" aria-label="Site"> <div id="vector-main-menu-pinned-container" class="vector-pinned-container"> </div> </nav> </div> </div> <div class="vector-sticky-pinned-container"> <nav id="mw-panel-toc" aria-label="Contents" data-event-name="ui.sidebar-toc" class="mw-table-of-contents-container vector-toc-landmark"> <div id="vector-toc-pinned-container" class="vector-pinned-container"> <div id="vector-toc" class="vector-toc vector-pinnable-element"> <div class="vector-pinnable-header vector-toc-pinnable-header vector-pinnable-header-pinned" data-feature-name="toc-pinned" data-pinnable-element-id="vector-toc" > <h2 class="vector-pinnable-header-label">Contents</h2> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-toc.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-toc.unpin">hide</button> </div> <ul class="vector-toc-contents" id="mw-panel-toc-list"> <li id="toc-mw-content-text" class="vector-toc-list-item vector-toc-level-1"> <a href="#" class="vector-toc-link"> <div class="vector-toc-text">(Top)</div> </a> </li> <li id="toc-History" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#History"> <div class="vector-toc-text"> <span class="vector-toc-numb">1</span> <span>History</span> </div> </a> <button aria-controls="toc-History-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle History subsection</span> </button> <ul id="toc-History-sublist" class="vector-toc-list"> <li id="toc-Early_developments" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Early_developments"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.1</span> <span>Early developments</span> </div> </a> <ul id="toc-Early_developments-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Delors_Report" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Delors_Report"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>Delors Report</span> </div> </a> <ul id="toc-Delors_Report-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Stage_One:_1_July_1990_to_31_December_1993" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Stage_One:_1_July_1990_to_31_December_1993"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.3</span> <span>Stage One: 1 July 1990 to 31 December 1993</span> </div> </a> <ul id="toc-Stage_One:_1_July_1990_to_31_December_1993-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Stage_Two:_1_January_1994_to_31_December_1998" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Stage_Two:_1_January_1994_to_31_December_1998"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.4</span> <span>Stage Two: 1 January 1994 to 31 December 1998</span> </div> </a> <ul id="toc-Stage_Two:_1_January_1994_to_31_December_1998-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Stage_Three:_1_January_1999_and_continuing" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Stage_Three:_1_January_1999_and_continuing"> <div class="vector-toc-text"> <span class="vector-toc-numb">1.5</span> <span>Stage Three: 1 January 1999 and continuing</span> </div> </a> <ul id="toc-Stage_Three:_1_January_1999_and_continuing-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Criticism" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Criticism"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Criticism</span> </div> </a> <button aria-controls="toc-Criticism-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Criticism subsection</span> </button> <ul id="toc-Criticism-sublist" class="vector-toc-list"> <li id="toc-Monetary_policy_inflexibility" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Monetary_policy_inflexibility"> <div class="vector-toc-text"> <span class="vector-toc-numb">2.1</span> <span>Monetary policy inflexibility</span> </div> </a> <ul id="toc-Monetary_policy_inflexibility-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Plans_for_reformed_Economic_and_Monetary_Union" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Plans_for_reformed_Economic_and_Monetary_Union"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>Plans for reformed Economic and Monetary Union</span> </div> </a> <button aria-controls="toc-Plans_for_reformed_Economic_and_Monetary_Union-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> <span class="vector-icon mw-ui-icon-wikimedia-expand"></span> <span>Toggle Plans for reformed Economic and Monetary Union subsection</span> </button> <ul id="toc-Plans_for_reformed_Economic_and_Monetary_Union-sublist" class="vector-toc-list"> <li id="toc-First_EMU_reform_plan_(2012–2015)" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#First_EMU_reform_plan_(2012–2015)"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.1</span> <span>First EMU reform plan (2012–2015)</span> </div> </a> <ul id="toc-First_EMU_reform_plan_(2012–2015)-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Second_EMU_reform_plan_(2015–2025):_The_Five_Presidents&#039;_Report" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Second_EMU_reform_plan_(2015–2025):_The_Five_Presidents&#039;_Report"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.2</span> <span>Second EMU reform plan (2015–2025): The Five Presidents' Report</span> </div> </a> <ul id="toc-Second_EMU_reform_plan_(2015–2025):_The_Five_Presidents&#039;_Report-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Primary_sources" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Primary_sources"> <div class="vector-toc-text"> <span class="vector-toc-numb">3.3</span> <span>Primary sources</span> </div> </a> <ul id="toc-Primary_sources-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>See also</span> </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Further_reading" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Further_reading"> <div class="vector-toc-text"> <span class="vector-toc-numb">5</span> <span>Further reading</span> </div> </a> <ul id="toc-Further_reading-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">6</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">7</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Economic and Monetary Union of the European Union</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. Available in 41 languages" > <label id="p-lang-btn-label" for="p-lang-btn-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--action-progressive mw-portlet-lang-heading-41" aria-hidden="true" ><span class="vector-icon mw-ui-icon-language-progressive mw-ui-icon-wikimedia-language-progressive"></span> <span class="vector-dropdown-label-text">41 languages</span> </label> <div class="vector-dropdown-content"> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li class="interlanguage-link interwiki-ar mw-list-item"><a href="https://ar.wikipedia.org/wiki/%D8%A7%D9%84%D9%88%D8%AD%D8%AF%D8%A9_%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9_%D9%88%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%8A%D8%A9_%D9%84%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF_%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A" title="الوحدة الاقتصادية والنقدية للاتحاد الأوروبي – Arabic" lang="ar" hreflang="ar" data-title="الوحدة الاقتصادية والنقدية للاتحاد الأوروبي" data-language-autonym="العربية" data-language-local-name="Arabic" class="interlanguage-link-target"><span>العربية</span></a></li><li class="interlanguage-link interwiki-ast mw-list-item"><a href="https://ast.wikipedia.org/wiki/Xuni%C3%B3n_Econ%C3%B3mica_y_Monetaria_de_la_Xuni%C3%B3n_Europea" title="Xunión Económica y Monetaria de la Xunión Europea – Asturian" lang="ast" hreflang="ast" data-title="Xunión Económica y Monetaria de la Xunión Europea" data-language-autonym="Asturianu" data-language-local-name="Asturian" class="interlanguage-link-target"><span>Asturianu</span></a></li><li class="interlanguage-link interwiki-be mw-list-item"><a href="https://be.wikipedia.org/wiki/%D0%AD%D0%BA%D0%B0%D0%BD%D0%B0%D0%BC%D1%96%D1%87%D0%BD%D1%8B_%D1%96_%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D0%BD%D1%8B_%D1%81%D0%B0%D1%8E%D0%B7_%D0%95%D1%9E%D1%80%D0%B0%D0%BF%D0%B5%D0%B9%D1%81%D0%BA%D0%B0%D0%B3%D0%B0_%D0%A1%D0%B0%D1%8E%D0%B7%D0%B0" title="Эканамічны і валютны саюз Еўрапейскага Саюза – Belarusian" lang="be" hreflang="be" data-title="Эканамічны і валютны саюз Еўрапейскага Саюза" data-language-autonym="Беларуская" data-language-local-name="Belarusian" class="interlanguage-link-target"><span>Беларуская</span></a></li><li class="interlanguage-link interwiki-bg mw-list-item"><a href="https://bg.wikipedia.org/wiki/%D0%98%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D0%B8%D1%87%D0%B5%D1%81%D0%BA%D0%B8_%D0%B8_%D0%BF%D0%B0%D1%80%D0%B8%D1%87%D0%B5%D0%BD_%D1%81%D1%8A%D1%8E%D0%B7_%D0%BD%D0%B0_%D0%95%D0%B2%D1%80%D0%BE%D0%BF%D0%B5%D0%B9%D1%81%D0%BA%D0%B8%D1%8F_%D1%81%D1%8A%D1%8E%D0%B7" title="Икономически и паричен съюз на Европейския съюз – Bulgarian" lang="bg" hreflang="bg" data-title="Икономически и паричен съюз на Европейския съюз" data-language-autonym="Български" data-language-local-name="Bulgarian" class="interlanguage-link-target"><span>Български</span></a></li><li class="interlanguage-link interwiki-bs mw-list-item"><a href="https://bs.wikipedia.org/wiki/Evropska_monetarna_unija" title="Evropska monetarna unija – Bosnian" lang="bs" hreflang="bs" data-title="Evropska monetarna unija" data-language-autonym="Bosanski" data-language-local-name="Bosnian" class="interlanguage-link-target"><span>Bosanski</span></a></li><li class="interlanguage-link interwiki-ca mw-list-item"><a href="https://ca.wikipedia.org/wiki/Uni%C3%B3_Econ%C3%B2mica_i_Monet%C3%A0ria_de_la_Uni%C3%B3_Europea" title="Unió Econòmica i Monetària de la Unió Europea – Catalan" lang="ca" hreflang="ca" data-title="Unió Econòmica i Monetària de la Unió Europea" data-language-autonym="Català" data-language-local-name="Catalan" class="interlanguage-link-target"><span>Català</span></a></li><li class="interlanguage-link interwiki-cs mw-list-item"><a href="https://cs.wikipedia.org/wiki/Evropsk%C3%A1_m%C4%9Bnov%C3%A1_unie" title="Evropská měnová unie – Czech" lang="cs" hreflang="cs" data-title="Evropská měnová unie" data-language-autonym="Čeština" data-language-local-name="Czech" class="interlanguage-link-target"><span>Čeština</span></a></li><li class="interlanguage-link interwiki-da mw-list-item"><a href="https://da.wikipedia.org/wiki/%C3%98MU" title="ØMU – Danish" lang="da" hreflang="da" data-title="ØMU" data-language-autonym="Dansk" data-language-local-name="Danish" class="interlanguage-link-target"><span>Dansk</span></a></li><li class="interlanguage-link interwiki-de badge-Q17437796 badge-featuredarticle mw-list-item" title="featured article badge"><a href="https://de.wikipedia.org/wiki/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion" title="Europäische Wirtschafts- und Währungsunion – German" lang="de" hreflang="de" data-title="Europäische Wirtschafts- und Währungsunion" data-language-autonym="Deutsch" data-language-local-name="German" class="interlanguage-link-target"><span>Deutsch</span></a></li><li class="interlanguage-link interwiki-el mw-list-item"><a href="https://el.wikipedia.org/wiki/%CE%9F%CE%B9%CE%BA%CE%BF%CE%BD%CE%BF%CE%BC%CE%B9%CE%BA%CE%AE_%CE%BA%CE%B1%CE%B9_%CE%9D%CE%BF%CE%BC%CE%B9%CF%83%CE%BC%CE%B1%CF%84%CE%B9%CE%BA%CE%AE_%CE%88%CE%BD%CF%89%CF%83%CE%B7" title="Οικονομική και Νομισματική Ένωση – Greek" lang="el" hreflang="el" data-title="Οικονομική και Νομισματική Ένωση" data-language-autonym="Ελληνικά" data-language-local-name="Greek" class="interlanguage-link-target"><span>Ελληνικά</span></a></li><li class="interlanguage-link interwiki-es mw-list-item"><a href="https://es.wikipedia.org/wiki/Uni%C3%B3n_Econ%C3%B3mica_y_Monetaria_de_la_Uni%C3%B3n_Europea" title="Unión Económica y Monetaria de la Unión Europea – Spanish" lang="es" hreflang="es" data-title="Unión Económica y Monetaria de la Unión Europea" data-language-autonym="Español" data-language-local-name="Spanish" class="interlanguage-link-target"><span>Español</span></a></li><li class="interlanguage-link interwiki-eo mw-list-item"><a href="https://eo.wikipedia.org/wiki/Ekonomia_kaj_Mona_Unio_(E%C5%ADropa_Unio)" title="Ekonomia kaj Mona Unio (Eŭropa Unio) – Esperanto" lang="eo" hreflang="eo" data-title="Ekonomia kaj Mona Unio (Eŭropa Unio)" data-language-autonym="Esperanto" data-language-local-name="Esperanto" class="interlanguage-link-target"><span>Esperanto</span></a></li><li class="interlanguage-link interwiki-eu mw-list-item"><a href="https://eu.wikipedia.org/wiki/Europako_Ekonomia_eta_Diru_Batasuna" title="Europako Ekonomia eta Diru Batasuna – Basque" lang="eu" hreflang="eu" data-title="Europako Ekonomia eta Diru Batasuna" data-language-autonym="Euskara" data-language-local-name="Basque" class="interlanguage-link-target"><span>Euskara</span></a></li><li class="interlanguage-link interwiki-fr mw-list-item"><a href="https://fr.wikipedia.org/wiki/Union_%C3%A9conomique_et_mon%C3%A9taire_(Union_europ%C3%A9enne)" title="Union économique et monétaire (Union européenne) – French" lang="fr" hreflang="fr" data-title="Union économique et monétaire (Union européenne)" data-language-autonym="Français" data-language-local-name="French" class="interlanguage-link-target"><span>Français</span></a></li><li class="interlanguage-link interwiki-fy mw-list-item"><a href="https://fy.wikipedia.org/wiki/Jeropeeske_Ekonomyske_en_Monet%C3%AAre_Uny" title="Jeropeeske Ekonomyske en Monetêre Uny – Western Frisian" lang="fy" hreflang="fy" data-title="Jeropeeske Ekonomyske en Monetêre Uny" data-language-autonym="Frysk" data-language-local-name="Western Frisian" class="interlanguage-link-target"><span>Frysk</span></a></li><li class="interlanguage-link interwiki-ko mw-list-item"><a href="https://ko.wikipedia.org/wiki/%EC%9C%A0%EB%9F%BD_%EC%97%B0%ED%95%A9%EC%9D%98_%EA%B2%BD%EC%A0%9C_%ED%86%B5%ED%99%94_%EB%8F%99%EB%A7%B9" title="유럽 연합의 경제 통화 동맹 – Korean" lang="ko" hreflang="ko" data-title="유럽 연합의 경제 통화 동맹" data-language-autonym="한국어" data-language-local-name="Korean" class="interlanguage-link-target"><span>한국어</span></a></li><li class="interlanguage-link interwiki-hr mw-list-item"><a href="https://hr.wikipedia.org/wiki/Ekonomska_i_monetarna_unija_Europske_unije" title="Ekonomska i monetarna unija Europske unije – Croatian" lang="hr" hreflang="hr" data-title="Ekonomska i monetarna unija Europske unije" data-language-autonym="Hrvatski" data-language-local-name="Croatian" class="interlanguage-link-target"><span>Hrvatski</span></a></li><li class="interlanguage-link interwiki-io mw-list-item"><a href="https://io.wikipedia.org/wiki/Ekonomial_e_Monetal_Uniono_(Europa)" title="Ekonomial e Monetal Uniono (Europa) – Ido" lang="io" hreflang="io" data-title="Ekonomial e Monetal Uniono (Europa)" data-language-autonym="Ido" data-language-local-name="Ido" class="interlanguage-link-target"><span>Ido</span></a></li><li class="interlanguage-link interwiki-id mw-list-item"><a href="https://id.wikipedia.org/wiki/Persatuan_Ekonomi_dan_Moneter_Uni_Eropa" title="Persatuan Ekonomi dan Moneter Uni Eropa – Indonesian" lang="id" hreflang="id" data-title="Persatuan Ekonomi dan Moneter Uni Eropa" data-language-autonym="Bahasa Indonesia" data-language-local-name="Indonesian" class="interlanguage-link-target"><span>Bahasa Indonesia</span></a></li><li class="interlanguage-link interwiki-it mw-list-item"><a href="https://it.wikipedia.org/wiki/Unione_economica_e_monetaria_dell%27Unione_europea" title="Unione economica e monetaria dell&#039;Unione europea – Italian" lang="it" hreflang="it" data-title="Unione economica e monetaria dell&#039;Unione europea" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-lb mw-list-item"><a href="https://lb.wikipedia.org/wiki/Europ%C3%A4esch_Wirtschafts-_a_W%C3%A4rungsunioun" title="Europäesch Wirtschafts- a Wärungsunioun – Luxembourgish" lang="lb" hreflang="lb" data-title="Europäesch Wirtschafts- a Wärungsunioun" data-language-autonym="Lëtzebuergesch" data-language-local-name="Luxembourgish" class="interlanguage-link-target"><span>Lëtzebuergesch</span></a></li><li class="interlanguage-link interwiki-lt mw-list-item"><a href="https://lt.wikipedia.org/wiki/Europos_ekonomin%C4%97_ir_pinig%C5%B3_s%C4%85junga" title="Europos ekonominė ir pinigų sąjunga – Lithuanian" lang="lt" hreflang="lt" data-title="Europos ekonominė ir pinigų sąjunga" data-language-autonym="Lietuvių" data-language-local-name="Lithuanian" class="interlanguage-link-target"><span>Lietuvių</span></a></li><li class="interlanguage-link interwiki-li mw-list-item"><a href="https://li.wikipedia.org/wiki/Ikkenomische_en_Monetair_Unie" title="Ikkenomische en Monetair Unie – Limburgish" lang="li" hreflang="li" data-title="Ikkenomische en Monetair Unie" data-language-autonym="Limburgs" data-language-local-name="Limburgish" class="interlanguage-link-target"><span>Limburgs</span></a></li><li class="interlanguage-link interwiki-hu mw-list-item"><a href="https://hu.wikipedia.org/wiki/Eur%C3%B3pai_Gazdas%C3%A1gi_%C3%A9s_Monet%C3%A1ris_Uni%C3%B3" title="Európai Gazdasági és Monetáris Unió – Hungarian" lang="hu" hreflang="hu" data-title="Európai Gazdasági és Monetáris Unió" data-language-autonym="Magyar" data-language-local-name="Hungarian" class="interlanguage-link-target"><span>Magyar</span></a></li><li class="interlanguage-link interwiki-mk mw-list-item"><a href="https://mk.wikipedia.org/wiki/%D0%95%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D1%81%D0%BA%D0%B8_%D0%B8_%D0%BC%D0%BE%D0%BD%D0%B5%D1%82%D0%B0%D1%80%D0%B5%D0%BD_%D1%81%D0%BE%D1%98%D1%83%D0%B7_%D0%BD%D0%B0_%D0%95%D0%B2%D1%80%D0%BE%D0%BF%D1%81%D0%BA%D0%B0%D1%82%D0%B0_%D0%A3%D0%BD%D0%B8%D1%98%D0%B0" title="Економски и монетарен сојуз на Европската Унија – Macedonian" lang="mk" hreflang="mk" data-title="Економски и монетарен сојуз на Европската Унија" data-language-autonym="Македонски" data-language-local-name="Macedonian" class="interlanguage-link-target"><span>Македонски</span></a></li><li class="interlanguage-link interwiki-nl mw-list-item"><a href="https://nl.wikipedia.org/wiki/Economische_en_Monetaire_Unie" title="Economische en Monetaire Unie – Dutch" lang="nl" hreflang="nl" data-title="Economische en Monetaire Unie" data-language-autonym="Nederlands" data-language-local-name="Dutch" class="interlanguage-link-target"><span>Nederlands</span></a></li><li class="interlanguage-link interwiki-ja mw-list-item"><a href="https://ja.wikipedia.org/wiki/%E6%AC%A7%E5%B7%9E%E9%80%A3%E5%90%88%E3%81%AE%E7%B5%8C%E6%B8%88%E9%80%9A%E8%B2%A8%E7%B5%B1%E5%90%88" title="欧州連合の経済通貨統合 – Japanese" lang="ja" hreflang="ja" data-title="欧州連合の経済通貨統合" data-language-autonym="日本語" data-language-local-name="Japanese" class="interlanguage-link-target"><span>日本語</span></a></li><li class="interlanguage-link interwiki-no mw-list-item"><a href="https://no.wikipedia.org/wiki/Den_%C3%B8konomiske_og_monet%C3%A6re_union" title="Den økonomiske og monetære union – Norwegian Bokmål" lang="nb" hreflang="nb" data-title="Den økonomiske og monetære union" data-language-autonym="Norsk bokmål" data-language-local-name="Norwegian Bokmål" class="interlanguage-link-target"><span>Norsk bokmål</span></a></li><li class="interlanguage-link interwiki-nn mw-list-item"><a href="https://nn.wikipedia.org/wiki/Den_%C3%B8konomiske_og_monet%C3%A6re_unionen" title="Den økonomiske og monetære unionen – Norwegian Nynorsk" lang="nn" hreflang="nn" data-title="Den økonomiske og monetære unionen" data-language-autonym="Norsk nynorsk" data-language-local-name="Norwegian Nynorsk" class="interlanguage-link-target"><span>Norsk nynorsk</span></a></li><li class="interlanguage-link interwiki-pl mw-list-item"><a href="https://pl.wikipedia.org/wiki/Unia_gospodarcza_i_walutowa" title="Unia gospodarcza i walutowa – Polish" lang="pl" hreflang="pl" data-title="Unia gospodarcza i walutowa" data-language-autonym="Polski" data-language-local-name="Polish" class="interlanguage-link-target"><span>Polski</span></a></li><li class="interlanguage-link interwiki-ro mw-list-item"><a href="https://ro.wikipedia.org/wiki/Uniunea_Economic%C4%83_%C8%99i_Monetar%C4%83_(Uniunea_European%C4%83)" title="Uniunea Economică și Monetară (Uniunea Europeană) – Romanian" lang="ro" hreflang="ro" data-title="Uniunea Economică și Monetară (Uniunea Europeană)" data-language-autonym="Română" data-language-local-name="Romanian" class="interlanguage-link-target"><span>Română</span></a></li><li class="interlanguage-link interwiki-ru mw-list-item"><a href="https://ru.wikipedia.org/wiki/%D0%AD%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D0%B8%D1%87%D0%B5%D1%81%D0%BA%D0%B8%D0%B9_%D0%B8_%D0%B2%D0%B0%D0%BB%D1%8E%D1%82%D0%BD%D1%8B%D0%B9_%D1%81%D0%BE%D1%8E%D0%B7_%D0%95%D0%B2%D1%80%D0%BE%D0%BF%D0%B5%D0%B9%D1%81%D0%BA%D0%BE%D0%B3%D0%BE_%D1%81%D0%BE%D1%8E%D0%B7%D0%B0" title="Экономический и валютный союз Европейского союза – Russian" lang="ru" hreflang="ru" data-title="Экономический и валютный союз Европейского союза" data-language-autonym="Русский" data-language-local-name="Russian" class="interlanguage-link-target"><span>Русский</span></a></li><li class="interlanguage-link interwiki-sk mw-list-item"><a href="https://sk.wikipedia.org/wiki/Hospod%C3%A1rska_a_menov%C3%A1_%C3%BAnia_(Eur%C3%B3pska_%C3%BAnia)" title="Hospodárska a menová únia (Európska únia) – Slovak" lang="sk" hreflang="sk" data-title="Hospodárska a menová únia (Európska únia)" data-language-autonym="Slovenčina" data-language-local-name="Slovak" class="interlanguage-link-target"><span>Slovenčina</span></a></li><li class="interlanguage-link interwiki-sl mw-list-item"><a href="https://sl.wikipedia.org/wiki/Ekonomska_in_monetarna_unija_Evropske_unije" title="Ekonomska in monetarna unija Evropske unije – Slovenian" lang="sl" hreflang="sl" data-title="Ekonomska in monetarna unija Evropske unije" data-language-autonym="Slovenščina" data-language-local-name="Slovenian" class="interlanguage-link-target"><span>Slovenščina</span></a></li><li class="interlanguage-link interwiki-sr mw-list-item"><a href="https://sr.wikipedia.org/wiki/Ekonomska_i_monetarna_unija_Evropske_unije" title="Ekonomska i monetarna unija Evropske unije – Serbian" lang="sr" hreflang="sr" data-title="Ekonomska i monetarna unija Evropske unije" data-language-autonym="Српски / srpski" data-language-local-name="Serbian" class="interlanguage-link-target"><span>Српски / srpski</span></a></li><li class="interlanguage-link interwiki-fi mw-list-item"><a href="https://fi.wikipedia.org/wiki/Euroopan_talous-_ja_rahaliitto" title="Euroopan talous- ja rahaliitto – Finnish" lang="fi" hreflang="fi" data-title="Euroopan talous- ja rahaliitto" data-language-autonym="Suomi" data-language-local-name="Finnish" class="interlanguage-link-target"><span>Suomi</span></a></li><li class="interlanguage-link interwiki-sv mw-list-item"><a href="https://sv.wikipedia.org/wiki/Ekonomiska_och_monet%C3%A4ra_unionen" title="Ekonomiska och monetära unionen – Swedish" lang="sv" hreflang="sv" data-title="Ekonomiska och monetära unionen" data-language-autonym="Svenska" data-language-local-name="Swedish" class="interlanguage-link-target"><span>Svenska</span></a></li><li class="interlanguage-link interwiki-tr mw-list-item"><a href="https://tr.wikipedia.org/wiki/Avrupa_Birli%C4%9Fi_Ekonomik_ve_Parasal_Birli%C4%9Fi" title="Avrupa Birliği Ekonomik ve Parasal Birliği – Turkish" lang="tr" hreflang="tr" data-title="Avrupa Birliği Ekonomik ve Parasal Birliği" data-language-autonym="Türkçe" data-language-local-name="Turkish" class="interlanguage-link-target"><span>Türkçe</span></a></li><li class="interlanguage-link interwiki-uk mw-list-item"><a href="https://uk.wikipedia.org/wiki/%D0%95%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D1%96%D1%87%D0%BD%D0%B8%D0%B9_%D1%96_%D0%BC%D0%BE%D0%BD%D0%B5%D1%82%D0%B0%D1%80%D0%BD%D0%B8%D0%B9_%D1%81%D0%BE%D1%8E%D0%B7_%D0%84%D0%B2%D1%80%D0%BE%D0%BF%D0%B5%D0%B9%D1%81%D1%8C%D0%BA%D0%BE%D0%B3%D0%BE_%D0%A1%D0%BE%D1%8E%D0%B7%D1%83" title="Економічний і монетарний союз Європейського Союзу – Ukrainian" lang="uk" hreflang="uk" data-title="Економічний і монетарний союз Європейського Союзу" data-language-autonym="Українська" data-language-local-name="Ukrainian" class="interlanguage-link-target"><span>Українська</span></a></li><li class="interlanguage-link interwiki-vec mw-list-item"><a href="https://vec.wikipedia.org/wiki/Union_econ%C3%B2mega_e_moned%C3%A0ria_de_l%27Union_eoropea" title="Union econòmega e monedària de l&#039;Union eoropea – Venetian" lang="vec" hreflang="vec" data-title="Union econòmega e monedària de l&#039;Union eoropea" data-language-autonym="Vèneto" data-language-local-name="Venetian" class="interlanguage-link-target"><span>Vèneto</span></a></li><li class="interlanguage-link interwiki-zh mw-list-item"><a href="https://zh.wikipedia.org/wiki/%E6%AD%90%E6%B4%B2%E8%81%AF%E7%9B%9F%E7%B6%93%E6%BF%9F%E6%9A%A8%E8%B2%A8%E5%B9%A3%E8%81%AF%E7%9B%9F" title="歐洲聯盟經濟暨貨幣聯盟 – Chinese" lang="zh" hreflang="zh" data-title="歐洲聯盟經濟暨貨幣聯盟" data-language-autonym="中文" data-language-local-name="Chinese" class="interlanguage-link-target"><span>中文</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q212141#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-associated-pages" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-nstab-main" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Economic_and_Monetary_Union_of_the_European_Union" title="View the content page [c]" accesskey="c"><span>Article</span></a></li><li id="ca-talk" class="vector-tab-noicon mw-list-item"><a href="/wiki/Talk:Economic_and_Monetary_Union_of_the_European_Union" rel="discussion" title="Discuss improvements to the content page [t]" accesskey="t"><span>Talk</span></a></li> </ul> </div> </div> <div id="vector-variants-dropdown" class="vector-dropdown emptyPortlet" > <input type="checkbox" id="vector-variants-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-variants-dropdown" class="vector-dropdown-checkbox " aria-label="Change language variant" > <label id="vector-variants-dropdown-label" for="vector-variants-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">English</span> </label> <div class="vector-dropdown-content"> <div id="p-variants" class="vector-menu mw-portlet mw-portlet-variants emptyPortlet" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> </ul> </div> </div> </div> </div> </nav> </div> <div id="right-navigation" class="vector-collapsible"> <nav aria-label="Views"> <div id="p-views" class="vector-menu vector-menu-tabs mw-portlet mw-portlet-views" > <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-view" class="selected vector-tab-noicon mw-list-item"><a href="/wiki/Economic_and_Monetary_Union_of_the_European_Union"><span>Read</span></a></li><li id="ca-edit" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-history" class="vector-tab-noicon mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=history" title="Past revisions of this page [h]" accesskey="h"><span>View history</span></a></li> </ul> </div> </div> </nav> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-dropdown" class="vector-dropdown vector-page-tools-dropdown" > <input type="checkbox" id="vector-page-tools-dropdown-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-tools-dropdown" class="vector-dropdown-checkbox " aria-label="Tools" > <label id="vector-page-tools-dropdown-label" for="vector-page-tools-dropdown-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet" aria-hidden="true" ><span class="vector-dropdown-label-text">Tools</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-tools-unpinned-container" class="vector-unpinned-container"> <div id="vector-page-tools" class="vector-page-tools vector-pinnable-element"> <div class="vector-pinnable-header vector-page-tools-pinnable-header vector-pinnable-header-unpinned" data-feature-name="page-tools-pinned" data-pinnable-element-id="vector-page-tools" data-pinned-container-id="vector-page-tools-pinned-container" data-unpinned-container-id="vector-page-tools-unpinned-container" > <div class="vector-pinnable-header-label">Tools</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-page-tools.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-page-tools.unpin">hide</button> </div> <div id="p-cactions" class="vector-menu mw-portlet mw-portlet-cactions emptyPortlet vector-has-collapsible-items" title="More options" > <div class="vector-menu-heading"> Actions </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="ca-more-view" class="selected vector-more-collapsible-item mw-list-item"><a href="/wiki/Economic_and_Monetary_Union_of_the_European_Union"><span>Read</span></a></li><li id="ca-more-edit" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit" title="Edit this page [e]" accesskey="e"><span>Edit</span></a></li><li id="ca-more-history" class="vector-more-collapsible-item mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=history"><span>View history</span></a></li> </ul> </div> </div> <div id="p-tb" class="vector-menu mw-portlet mw-portlet-tb" > <div class="vector-menu-heading"> General </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-whatlinkshere" class="mw-list-item"><a href="/wiki/Special:WhatLinksHere/Economic_and_Monetary_Union_of_the_European_Union" title="List of all English Wikipedia pages containing links to this page [j]" accesskey="j"><span>What links here</span></a></li><li id="t-recentchangeslinked" class="mw-list-item"><a href="/wiki/Special:RecentChangesLinked/Economic_and_Monetary_Union_of_the_European_Union" rel="nofollow" title="Recent changes in pages linked from this page [k]" accesskey="k"><span>Related changes</span></a></li><li id="t-upload" class="mw-list-item"><a href="/wiki/Wikipedia:File_Upload_Wizard" title="Upload files [u]" accesskey="u"><span>Upload file</span></a></li><li id="t-specialpages" class="mw-list-item"><a href="/wiki/Special:SpecialPages" title="A list of all special pages [q]" accesskey="q"><span>Special pages</span></a></li><li id="t-permalink" class="mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;oldid=1253641454" title="Permanent link to this revision of this page"><span>Permanent link</span></a></li><li id="t-info" class="mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=info" title="More information about this page"><span>Page information</span></a></li><li id="t-cite" class="mw-list-item"><a href="/w/index.php?title=Special:CiteThisPage&amp;page=Economic_and_Monetary_Union_of_the_European_Union&amp;id=1253641454&amp;wpFormIdentifier=titleform" title="Information on how to cite this page"><span>Cite this page</span></a></li><li id="t-urlshortener" class="mw-list-item"><a href="/w/index.php?title=Special:UrlShortener&amp;url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FEconomic_and_Monetary_Union_of_the_European_Union"><span>Get shortened URL</span></a></li><li id="t-urlshortener-qrcode" class="mw-list-item"><a href="/w/index.php?title=Special:QrCode&amp;url=https%3A%2F%2Fen.wikipedia.org%2Fwiki%2FEconomic_and_Monetary_Union_of_the_European_Union"><span>Download QR code</span></a></li> </ul> </div> </div> <div id="p-coll-print_export" class="vector-menu mw-portlet mw-portlet-coll-print_export" > <div class="vector-menu-heading"> Print/export </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="coll-download-as-rl" class="mw-list-item"><a href="/w/index.php?title=Special:DownloadAsPdf&amp;page=Economic_and_Monetary_Union_of_the_European_Union&amp;action=show-download-screen" title="Download this page as a PDF file"><span>Download as PDF</span></a></li><li id="t-print" class="mw-list-item"><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;printable=yes" title="Printable version of this page [p]" accesskey="p"><span>Printable version</span></a></li> </ul> </div> </div> <div id="p-wikibase-otherprojects" class="vector-menu mw-portlet mw-portlet-wikibase-otherprojects" > <div class="vector-menu-heading"> In other projects </div> <div class="vector-menu-content"> <ul class="vector-menu-content-list"> <li id="t-wikibase" class="wb-otherproject-link wb-otherproject-wikibase-dataitem mw-list-item"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q212141" title="Structured data on this page hosted by Wikidata [g]" accesskey="g"><span>Wikidata item</span></a></li> </ul> </div> </div> </div> </div> </div> </div> </nav> </div> </div> </div> <div class="vector-column-end"> <div class="vector-sticky-pinned-container"> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-pinned-container" class="vector-pinned-container"> </div> </nav> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-pinned-container" class="vector-pinned-container"> <div id="vector-appearance" class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" data-event-name="pinnable-header.vector-appearance.pin">move to sidebar</button> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-unpin-button" data-event-name="pinnable-header.vector-appearance.unpin">hide</button> </div> </div> </div> </nav> </div> </div> <div id="bodyContent" class="vector-body" aria-labelledby="firstHeading" data-mw-ve-target-container> <div class="vector-body-before-content"> <div class="mw-indicators"> </div> <div id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Economic union and policies</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Not to be confused with the <a href="/wiki/Eurozone" title="Eurozone">eurozone</a>, a group of EU countries at the most advanced stage of the EMU that have already adopted the <a href="/wiki/Euro" title="Euro">euro</a> as their official currency.</div> <style data-mw-deduplicate="TemplateStyles:r1251242444">.mw-parser-output .ambox{border:1px solid #a2a9b1;border-left:10px solid #36c;background-color:#fbfbfb;box-sizing:border-box}.mw-parser-output .ambox+link+.ambox,.mw-parser-output .ambox+link+style+.ambox,.mw-parser-output .ambox+link+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+style+.ambox,.mw-parser-output .ambox+.mw-empty-elt+link+link+.ambox{margin-top:-1px}html body.mediawiki .mw-parser-output .ambox.mbox-small-left{margin:4px 1em 4px 0;overflow:hidden;width:238px;border-collapse:collapse;font-size:88%;line-height:1.25em}.mw-parser-output .ambox-speedy{border-left:10px solid #b32424;background-color:#fee7e6}.mw-parser-output .ambox-delete{border-left:10px solid #b32424}.mw-parser-output .ambox-content{border-left:10px solid #f28500}.mw-parser-output .ambox-style{border-left:10px solid #fc3}.mw-parser-output .ambox-move{border-left:10px solid #9932cc}.mw-parser-output .ambox-protection{border-left:10px solid #a2a9b1}.mw-parser-output .ambox .mbox-text{border:none;padding:0.25em 0.5em;width:100%}.mw-parser-output .ambox .mbox-image{border:none;padding:2px 0 2px 0.5em;text-align:center}.mw-parser-output .ambox .mbox-imageright{border:none;padding:2px 0.5em 2px 0;text-align:center}.mw-parser-output .ambox .mbox-empty-cell{border:none;padding:0;width:1px}.mw-parser-output .ambox .mbox-image-div{width:52px}@media(min-width:720px){.mw-parser-output .ambox{margin:0 10%}}@media print{body.ns-0 .mw-parser-output .ambox{display:none!important}}</style><table class="box-More_citations_needed plainlinks metadata ambox ambox-content ambox-Refimprove" role="presentation"><tbody><tr><td class="mbox-image"><div class="mbox-image-div"><span typeof="mw:File"><a href="/wiki/File:Question_book-new.svg" class="mw-file-description"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/99/Question_book-new.svg/50px-Question_book-new.svg.png" decoding="async" width="50" height="39" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/99/Question_book-new.svg/75px-Question_book-new.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/99/Question_book-new.svg/100px-Question_book-new.svg.png 2x" data-file-width="512" data-file-height="399" /></a></span></div></td><td class="mbox-text"><div class="mbox-text-span">This article <b>needs additional citations for <a href="/wiki/Wikipedia:Verifiability" title="Wikipedia:Verifiability">verification</a></b>.<span class="hide-when-compact"> Please help <a href="/wiki/Special:EditPage/Economic_and_Monetary_Union_of_the_European_Union" title="Special:EditPage/Economic and Monetary Union of the European Union">improve this article</a> by <a href="/wiki/Help:Referencing_for_beginners" title="Help:Referencing for beginners">adding citations to reliable sources</a>. Unsourced material may be challenged and removed.<br /><small><span class="plainlinks"><i>Find sources:</i>&#160;<a rel="nofollow" class="external text" href="https://www.google.com/search?as_eq=wikipedia&amp;q=%22Economic+and+Monetary+Union+of+the+European+Union%22">"Economic and Monetary Union of the European Union"</a>&#160;–&#160;<a rel="nofollow" class="external text" href="https://www.google.com/search?tbm=nws&amp;q=%22Economic+and+Monetary+Union+of+the+European+Union%22+-wikipedia&amp;tbs=ar:1">news</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?&amp;q=%22Economic+and+Monetary+Union+of+the+European+Union%22&amp;tbs=bkt:s&amp;tbm=bks">newspapers</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?tbs=bks:1&amp;q=%22Economic+and+Monetary+Union+of+the+European+Union%22+-wikipedia">books</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://scholar.google.com/scholar?q=%22Economic+and+Monetary+Union+of+the+European+Union%22">scholar</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.jstor.org/action/doBasicSearch?Query=%22Economic+and+Monetary+Union+of+the+European+Union%22&amp;acc=on&amp;wc=on">JSTOR</a></span></small></span> <span class="date-container"><i>(<span class="date">March 2007</span>)</i></span><span class="hide-when-compact"><i> (<small><a href="/wiki/Help:Maintenance_template_removal" title="Help:Maintenance template removal">Learn how and when to remove this message</a></small>)</i></span></div></td></tr></tbody></table> <p class="mw-empty-elt"> </p> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/400px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png" decoding="async" width="400" height="306" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/600px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/7d/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg/800px-Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg.png 2x" data-file-width="680" data-file-height="520" /></a><figcaption>The Economic and Monetary Union (EMU) <style data-mw-deduplicate="TemplateStyles:r981673959">.mw-parser-output .legend{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .legend-color{display:inline-block;min-width:1.25em;height:1.25em;line-height:1.25;margin:1px 0;text-align:center;border:1px solid black;background-color:transparent;color:black}.mw-parser-output .legend-text{}</style><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#003399; color:white;">&#160;</span>&#160;Members of the Eurozone</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#339900; color:black;">&#160;</span>&#160;ERM II member without opt-out</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#e8984d; color:black;">&#160;</span>&#160;ERM II member with opt-out (Denmark)</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r981673959"><div class="legend"><span class="legend-color mw-no-invert" style="background-color:#704c4c; color:white;">&#160;</span>&#160;Other EU members</div> </figcaption></figure> <p>The <a href="/wiki/Economic_and_monetary_union" title="Economic and monetary union">economic and monetary union</a> (EMU) of the <a href="/wiki/European_Union" title="European Union">European Union</a> is a group of policies aimed at converging the economies of <a href="/wiki/Member_states_of_the_European_Union" class="mw-redirect" title="Member states of the European Union">member states of the European Union</a> at three stages. </p><p>There are three stages of the EMU, each of which consists of progressively closer economic integration. Only once a state participates in the third stage it is permitted to adopt the <a href="/wiki/Euro" title="Euro">euro</a> as its official currency. As such, the third stage is largely synonymous with the eurozone. The <a href="/wiki/Euro_convergence_criteria" title="Euro convergence criteria">euro convergence criteria</a> are the set of requirements that needs to be fulfilled in order for a country to be approved to participate in the third stage. An important element of this is participation for a minimum of two years in the <a href="/wiki/European_Exchange_Rate_Mechanism" title="European Exchange Rate Mechanism">European Exchange Rate Mechanism</a> ("ERM&#160;II"), in which candidate currencies demonstrate economic convergence by maintaining limited deviation from their target rate against the euro. </p><p>The EMU policies cover all <a href="/wiki/European_Union" title="European Union">European Union</a> member states. All new EU member states must commit to participate in the third stage in their treaties of accession and are obliged to enter the third stage once they comply with all convergence criteria. Twenty EU member states, including most recently <a href="/wiki/Croatia" title="Croatia">Croatia</a>, have entered the third stage and have adopted the euro as their currency. <a href="/wiki/Denmark" title="Denmark">Denmark</a>, whose EU membership predates the introduction of the euro, has a legal <a href="/wiki/Opt-outs_in_the_European_Union" title="Opt-outs in the European Union">opt-out</a> from the <a href="/wiki/Treaties_of_the_European_Union" title="Treaties of the European Union">EU Treaties</a> and is thus not required to enter the third stage.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><style data-mw-deduplicate="TemplateStyles:r1246091330">.mw-parser-output .sidebar{width:22em;float:right;clear:right;margin:0.5em 0 1em 1em;background:var(--background-color-neutral-subtle,#f8f9fa);border:1px solid var(--border-color-base,#a2a9b1);padding:0.2em;text-align:center;line-height:1.4em;font-size:88%;border-collapse:collapse;display:table}body.skin-minerva .mw-parser-output .sidebar{display:table!important;float:right!important;margin:0.5em 0 1em 1em!important}.mw-parser-output .sidebar-subgroup{width:100%;margin:0;border-spacing:0}.mw-parser-output .sidebar-left{float:left;clear:left;margin:0.5em 1em 1em 0}.mw-parser-output .sidebar-none{float:none;clear:both;margin:0.5em 1em 1em 0}.mw-parser-output .sidebar-outer-title{padding:0 0.4em 0.2em;font-size:125%;line-height:1.2em;font-weight:bold}.mw-parser-output .sidebar-top-image{padding:0.4em}.mw-parser-output .sidebar-top-caption,.mw-parser-output .sidebar-pretitle-with-top-image,.mw-parser-output .sidebar-caption{padding:0.2em 0.4em 0;line-height:1.2em}.mw-parser-output .sidebar-pretitle{padding:0.4em 0.4em 0;line-height:1.2em}.mw-parser-output .sidebar-title,.mw-parser-output .sidebar-title-with-pretitle{padding:0.2em 0.8em;font-size:145%;line-height:1.2em}.mw-parser-output .sidebar-title-with-pretitle{padding:0.1em 0.4em}.mw-parser-output .sidebar-image{padding:0.2em 0.4em 0.4em}.mw-parser-output .sidebar-heading{padding:0.1em 0.4em}.mw-parser-output .sidebar-content{padding:0 0.5em 0.4em}.mw-parser-output .sidebar-content-with-subgroup{padding:0.1em 0.4em 0.2em}.mw-parser-output .sidebar-above,.mw-parser-output .sidebar-below{padding:0.3em 0.8em;font-weight:bold}.mw-parser-output .sidebar-collapse .sidebar-above,.mw-parser-output .sidebar-collapse .sidebar-below{border-top:1px solid #aaa;border-bottom:1px solid #aaa}.mw-parser-output .sidebar-navbar{text-align:right;font-size:115%;padding:0 0.4em 0.4em}.mw-parser-output .sidebar-list-title{padding:0 0.4em;text-align:left;font-weight:bold;line-height:1.6em;font-size:105%}.mw-parser-output .sidebar-list-title-c{padding:0 0.4em;text-align:center;margin:0 3.3em}@media(max-width:640px){body.mediawiki .mw-parser-output .sidebar{width:100%!important;clear:both;float:none!important;margin-left:0!important;margin-right:0!important}}body.skin--responsive .mw-parser-output .sidebar a>img{max-width:none!important}@media screen{html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-night .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media print{body.ns-0 .mw-parser-output .sidebar{display:none!important}}</style><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><table class="sidebar sidebar-collapse nomobile vcard"><tbody><tr><td class="sidebar-pretitle">This article is part of <a href="/wiki/Category:Politics_of_the_European_Union" title="Category:Politics of the European Union">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle"><div class="adr"><a href="/wiki/Politics_of_the_European_Union" title="Politics of the European Union">Politics of the European Union</a></div></th></tr><tr><th><span typeof="mw:File"><a href="/wiki/File:Flag_of_Europe.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/125px-Flag_of_Europe.svg.png" decoding="async" width="125" height="83" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/188px-Flag_of_Europe.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/250px-Flag_of_Europe.svg.png 2x" data-file-width="810" data-file-height="540" /></a></span></th></tr><tr><th style="border-bottom: #aaa 1px solid"></th></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/Member_state_of_the_European_Union" title="Member state of the European Union">Member states</a> (27)</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div><ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Austria" title="Austria">Austria</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Belgium" title="Belgium">Belgium</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Bulgaria" title="Bulgaria">Bulgaria</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Croatia" title="Croatia">Croatia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Cyprus" title="Cyprus">Cyprus</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Czech_Republic" title="Czech Republic">Czech Republic</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></span></span></span>&#160;<a href="/wiki/Denmark" title="Denmark">Denmark</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></span></span></span>&#160;<a href="/wiki/Estonia" title="Estonia">Estonia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></span></span></span>&#160;<a href="/wiki/Finland" title="Finland">Finland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/France" title="France">France</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Germany" title="Germany">Germany</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Greece" title="Greece">Greece</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Hungary" title="Hungary">Hungary</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Italy" title="Italy">Italy</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Latvia" title="Latvia">Latvia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Lithuania" title="Lithuania">Lithuania</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></span></span></span>&#160;<a href="/wiki/Luxembourg" title="Luxembourg">Luxembourg</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Malta" title="Malta">Malta</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Netherlands" title="Netherlands">Netherlands</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Poland" title="Poland">Poland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Portugal" title="Portugal">Portugal</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Romania" title="Romania">Romania</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovakia" title="Slovakia">Slovakia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovenia" title="Slovenia">Slovenia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></span></span></span>&#160;<a href="/wiki/Spain" title="Spain">Spain</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Sweden" title="Sweden">Sweden</a></li></ul></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Potential_enlargement_of_the_European_Union" title="Potential enlargement of the European Union">Candidate countries</a></b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Albania" title="Albania"><img alt="Albania" src="//upload.wikimedia.org/wikipedia/commons/thumb/3/36/Flag_of_Albania.svg/21px-Flag_of_Albania.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/3/36/Flag_of_Albania.svg/32px-Flag_of_Albania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/3/36/Flag_of_Albania.svg/42px-Flag_of_Albania.svg.png 2x" data-file-width="700" data-file-height="500" /></a></span></span> <a href="/wiki/Accession_of_Albania_to_the_European_Union" title="Accession of Albania to the European Union">Albania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Bosnia_and_Herzegovina" title="Bosnia and Herzegovina"><img alt="Bosnia and Herzegovina" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bf/Flag_of_Bosnia_and_Herzegovina.svg/23px-Flag_of_Bosnia_and_Herzegovina.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bf/Flag_of_Bosnia_and_Herzegovina.svg/35px-Flag_of_Bosnia_and_Herzegovina.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bf/Flag_of_Bosnia_and_Herzegovina.svg/46px-Flag_of_Bosnia_and_Herzegovina.svg.png 2x" data-file-width="800" data-file-height="400" /></a></span></span> <a href="/wiki/Accession_of_Bosnia_and_Herzegovina_to_the_European_Union" title="Accession of Bosnia and Herzegovina to the European Union">Bosnia and Herzegovina</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Georgia_(country)" title="Georgia (country)"><img alt="Georgia (country)" src="//upload.wikimedia.org/wikipedia/commons/thumb/0/0f/Flag_of_Georgia.svg/23px-Flag_of_Georgia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/0f/Flag_of_Georgia.svg/35px-Flag_of_Georgia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/0f/Flag_of_Georgia.svg/45px-Flag_of_Georgia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Georgia%E2%80%93European_Union_relations" title="Georgia–European Union relations">Georgia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Moldova" title="Moldova"><img alt="Moldova" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/27/Flag_of_Moldova.svg/23px-Flag_of_Moldova.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/27/Flag_of_Moldova.svg/35px-Flag_of_Moldova.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/27/Flag_of_Moldova.svg/46px-Flag_of_Moldova.svg.png 2x" data-file-width="1800" data-file-height="900" /></a></span></span> <a href="/wiki/Accession_of_Moldova_to_the_European_Union" title="Accession of Moldova to the European Union">Moldova</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Montenegro" title="Montenegro"><img alt="Montenegro" src="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Flag_of_Montenegro.svg/23px-Flag_of_Montenegro.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/64/Flag_of_Montenegro.svg/35px-Flag_of_Montenegro.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/64/Flag_of_Montenegro.svg/46px-Flag_of_Montenegro.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Accession_of_Montenegro_to_the_European_Union" title="Accession of Montenegro to the European Union">Montenegro</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/North_Macedonia" title="North Macedonia"><img alt="North Macedonia" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/79/Flag_of_North_Macedonia.svg/23px-Flag_of_North_Macedonia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/79/Flag_of_North_Macedonia.svg/35px-Flag_of_North_Macedonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/79/Flag_of_North_Macedonia.svg/46px-Flag_of_North_Macedonia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Accession_of_North_Macedonia_to_the_European_Union" title="Accession of North Macedonia to the European Union">North Macedonia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Serbia" title="Serbia"><img alt="Serbia" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Flag_of_Serbia.svg/23px-Flag_of_Serbia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Flag_of_Serbia.svg/35px-Flag_of_Serbia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Flag_of_Serbia.svg/45px-Flag_of_Serbia.svg.png 2x" data-file-width="1350" data-file-height="900" /></a></span></span> <a href="/wiki/Accession_of_Serbia_to_the_European_Union" title="Accession of Serbia to the European Union">Serbia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Ukraine" title="Ukraine"><img alt="Ukraine" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/49/Flag_of_Ukraine.svg/23px-Flag_of_Ukraine.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/49/Flag_of_Ukraine.svg/35px-Flag_of_Ukraine.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/49/Flag_of_Ukraine.svg/45px-Flag_of_Ukraine.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Accession_of_Ukraine_to_the_European_Union" title="Accession of Ukraine to the European Union">Ukraine</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Potential_enlargement_of_the_European_Union" title="Potential enlargement of the European Union">Countries with suspended accession negotiations</a></b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Turkey" title="Turkey"><img alt="Turkey" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b4/Flag_of_Turkey.svg/23px-Flag_of_Turkey.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b4/Flag_of_Turkey.svg/35px-Flag_of_Turkey.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b4/Flag_of_Turkey.svg/45px-Flag_of_Turkey.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Accession_of_Turkey_to_the_European_Union" title="Accession of Turkey to the European Union">Turkey</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Potential_enlargement_of_the_European_Union" title="Potential enlargement of the European Union">Applicant countries</a></b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Kosovo" title="Kosovo"><img alt="Kosovo" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1f/Flag_of_Kosovo.svg/21px-Flag_of_Kosovo.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1f/Flag_of_Kosovo.svg/32px-Flag_of_Kosovo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1f/Flag_of_Kosovo.svg/42px-Flag_of_Kosovo.svg.png 2x" data-file-width="840" data-file-height="600" /></a></span></span> <a href="/wiki/Accession_of_Kosovo_to_the_European_Union" title="Accession of Kosovo to the European Union">Kosovo</a></li></ul> <hr /> <ul><li><a href="/wiki/Special_territories_of_states_participating_in_the_European_integration" class="mw-redirect" title="Special territories of states participating in the European integration">Special territories</a></li> <li><a href="/wiki/Belgium%E2%80%93Germany_relations" title="Belgium–Germany relations">Belgium–Germany relations</a></li> <li><a href="/wiki/France%E2%80%93Germany_relations" title="France–Germany relations">France–Germany relations</a></li> <li><a href="/wiki/Germany%E2%80%93Netherlands_relations" title="Germany–Netherlands relations">Germany–Netherlands relations</a></li> <li><a href="/wiki/EU_three" title="EU three">EU 3</a></li> <li><a href="/wiki/Withdrawal_from_the_European_Union" title="Withdrawal from the European Union">Withdrawal from the European Union</a></li></ul> <hr /></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/Treaties_of_the_European_Union" title="Treaties of the European Union">Treaties and Declarations</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/Schuman_Declaration" title="Schuman Declaration">Schuman Declaration</a> (1950)</li> <li><a href="/wiki/Treaty_of_Paris_(1951)" title="Treaty of Paris (1951)">Treaty of Paris</a> (1951)</li> <li><a href="/wiki/Europe_Declaration" title="Europe Declaration">Europe Declaration</a> (1951)</li> <li><a href="/wiki/Spaak_Report" title="Spaak Report">Spaak Report</a> (1956)</li> <li><a href="/wiki/Treaty_of_Rome" title="Treaty of Rome">Treaty of Rome</a> (1957)</li> <li><a href="/wiki/Euratom_Treaty" title="Euratom Treaty">Euratom Treaty</a> (1957)</li> <li><a href="/wiki/Merger_Treaty" title="Merger Treaty">Merger Treaty</a> (1965)</li> <li><a href="/wiki/Solemn_Declaration_on_European_Union" title="Solemn Declaration on European Union">Solemn Declaration</a> (1983)</li> <li><a href="/wiki/Single_European_Act" title="Single European Act">Single European Act</a> (1986)</li> <li><a href="/wiki/Maastricht_Treaty" title="Maastricht Treaty">Maastricht Treaty</a> (1992)</li> <li><a href="/wiki/Treaty_of_Amsterdam" title="Treaty of Amsterdam">Treaty of Amsterdam</a> (1997)</li> <li><a href="/wiki/Treaty_of_Nice" title="Treaty of Nice">Treaty of Nice</a> (2001)</li> <li><a href="/wiki/Berlin_Declaration_(2007)" title="Berlin Declaration (2007)">Berlin Declaration</a> (2007)</li> <li><a href="/wiki/Treaty_of_Lisbon" title="Treaty of Lisbon">Treaty of Lisbon</a> (2007) <ul><li><a href="/wiki/Article_7_of_the_Treaty_on_European_Union" title="Article 7 of the Treaty on European Union">Article 7</a></li> <li><a href="/wiki/Withdrawal_from_the_European_Union" title="Withdrawal from the European Union">Article 50</a></li></ul></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><a href="/wiki/Opt-outs_in_the_European_Union" title="Opt-outs in the European Union">Opt-outs</a></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Treaties of accession</b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><a href="/wiki/Treaty_of_Accession_1972" title="Treaty of Accession 1972">1972</a>, <a href="/wiki/Treaty_of_Accession_1979" title="Treaty of Accession 1979">1979</a>, <a href="/wiki/Treaty_of_Accession_1985" title="Treaty of Accession 1985">1985</a>, <a href="/wiki/Treaty_of_Accession_1994" title="Treaty of Accession 1994">1994</a>, <a href="/wiki/Treaty_of_Accession_2003" title="Treaty of Accession 2003">2003</a>, <a href="/wiki/Treaty_of_Accession_2005" title="Treaty of Accession 2005">2005</a>, <a href="/wiki/Treaty_of_Accession_2011" title="Treaty of Accession 2011">2011</a></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Treaties of succession</b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><a href="/wiki/Withdrawal_of_Greenland_from_the_European_Communities" title="Withdrawal of Greenland from the European Communities">1984</a>, <a href="/wiki/Brexit_withdrawal_agreement" title="Brexit withdrawal agreement">2020</a></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Other treaties</b></div> <ul><li><a href="/wiki/Schengen_Agreement" title="Schengen Agreement">Schengen Agreement</a> (1985)</li> <li><a href="/wiki/European_Economic_Area" title="European Economic Area">European Economic Area Agreement</a> (1992)</li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Abandoned treaties and agreements</b></div> <ul><li><a href="/wiki/Treaty_establishing_a_Constitution_for_Europe" title="Treaty establishing a Constitution for Europe">European Constitution</a> (2004)</li> <li><a href="/wiki/2015%E2%80%932016_United_Kingdom_renegotiation_of_European_Union_membership" title="2015–2016 United Kingdom renegotiation of European Union membership">UK membership renegotiation</a> (2015–2016)</li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Executive institutions</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/European_Council" title="European Council">European Council</a></b></div> <ul><li><a href="/wiki/President_of_the_European_Council" title="President of the European Council">President</a>: <a href="/wiki/Charles_Michel" title="Charles Michel">Michel</a> (ALDE) <ul><li><a href="/wiki/European_Council#Political_parties" title="European Council">Parties</a></li> <li><a href="/wiki/List_of_European_Council_meetings" title="List of European Council meetings">List of meetings</a></li></ul></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/European_Commission" title="European Commission">European Commission</a></b></div> <ul><li><a href="/wiki/Von_der_Leyen_Commission" title="Von der Leyen Commission">Von der Leyen Commission</a></li> <li><a href="/wiki/President_of_the_European_Commission" title="President of the European Commission">President</a>: <a href="/wiki/Ursula_von_der_Leyen" title="Ursula von der Leyen">Von der Leyen</a> (EPP)</li> <li><a href="/wiki/Vice-President_of_the_European_Commission" title="Vice-President of the European Commission">Vice Presidents</a></li> <li><a href="/wiki/European_Commissioner" class="mw-redirect" title="European Commissioner">College of Commissioners</a></li> <li><a href="/wiki/European_Civil_Service" title="European Civil Service">Civil Service</a></li> <li><a href="/wiki/Secretary-General_of_the_European_Commission" title="Secretary-General of the European Commission">Secretary-General</a>: <a href="/wiki/Ilze_Juhansone" title="Ilze Juhansone"> Juhansone</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/European_Union_legislative_procedure" title="European Union legislative procedure">Legislative institutions</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/European_Union_legislative_procedure" title="European Union legislative procedure">Legislative procedure</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Council_of_the_European_Union" title="Council of the European Union">Council of the EU</a></b><br /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Presidency_of_the_Council_of_the_European_Union" title="Presidency of the Council of the European Union">Presidency</a></b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Hungary" title="Hungary"><img alt="Hungary" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/2024_Hungarian_Presidency_of_the_Council_of_the_European_Union" title="2024 Hungarian Presidency of the Council of the European Union"><b>Hungary</b></a></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;">(<a href="/wiki/2024_Hungarian_Presidency_of_the_Council_of_the_European_Union" title="2024 Hungarian Presidency of the Council of the European Union">July–December 2024</a>) </div></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Configurations</b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"> <div class="hlist"> <ul><li><a href="/wiki/General_Affairs_Council" title="General Affairs Council">GAC</a></li> <li><a href="/wiki/Foreign_Affairs_Council" title="Foreign Affairs Council">FAC</a></li> <li><a href="/wiki/Economic_and_Financial_Affairs_Council" title="Economic and Financial Affairs Council">ECOFIN</a> <ul><li><a href="/wiki/Eurogroup" title="Eurogroup">Eurogroup</a></li></ul></li> <li><a href="/wiki/Agriculture_and_Fisheries_Council" title="Agriculture and Fisheries Council">AGRIFISH</a></li> <li><a href="/wiki/Employment,_Social_Policy,_Health_and_Consumer_Affairs_Council" title="Employment, Social Policy, Health and Consumer Affairs Council">EPSCO</a></li> <li><a href="/wiki/Competitiveness_Council_(COMPET)" title="Competitiveness Council (COMPET)">COMPET</a></li> <li><a href="/wiki/Transport,_Telecommunications_and_Energy_Council" title="Transport, Telecommunications and Energy Council">TTE</a></li> <li><a href="/wiki/Environment_Council" title="Environment Council">ENVI</a></li> <li><a href="/wiki/Justice_and_Home_Affairs_Council" title="Justice and Home Affairs Council">JHA</a></li> <li><a href="/wiki/Education,_Youth,_Culture_and_Sport_Council" title="Education, Youth, Culture and Sport Council">EYC</a></li></ul> </div> </div> <hr /> <ul><li><a href="/wiki/Voting_in_the_Council_of_the_European_Union" title="Voting in the Council of the European Union">Voting</a></li> <li><a href="/wiki/General_Secretariat_of_the_Council_of_the_European_Union" title="General Secretariat of the Council of the European Union">Secretariat</a> <ul><li><a href="/wiki/Secretary-General_of_the_Council_of_the_European_Union" title="Secretary-General of the Council of the European Union">Secretary-General</a>: <a href="/wiki/Th%C3%A9r%C3%A8se_Blanchet" title="Thérèse Blanchet">Thérèse Blanchet</a></li> <li><a href="/wiki/List_of_directorates-general_of_the_Council_of_the_European_Union" class="mw-redirect" title="List of directorates-general of the Council of the European Union">Directorates-general</a></li></ul></li> <li>Council preparatory bodies <ul><li><a href="/wiki/Committee_of_Permanent_Representatives" title="Committee of Permanent Representatives">COREPER</a></li> <li><a href="/wiki/Council_Working_Party" title="Council Working Party">Council Working Parties</a></li></ul></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/European_Parliament" title="European Parliament">European Parliament</a></b><br />(<a href="/wiki/List_of_members_of_the_European_Parliament_(2024%E2%80%932029)" title="List of members of the European Parliament (2024–2029)">Members</a>)</div> <ul><li><a href="/wiki/President_of_the_European_Parliament" title="President of the European Parliament">President</a>: <a href="/wiki/Roberta_Metsola" title="Roberta Metsola">Metsola</a></li> <li><a href="/wiki/Political_groups_of_the_European_Parliament" title="Political groups of the European Parliament">Largest groups</a> <ul><li><a href="/wiki/European_People%27s_Party_group" class="mw-redirect" title="European People&#39;s Party group">EPP</a> (<a href="/wiki/Manfred_Weber" title="Manfred Weber">Manfred Weber</a>)</li> <li><a href="/wiki/Progressive_Alliance_of_Socialists_and_Democrats" title="Progressive Alliance of Socialists and Democrats">S&amp;D</a> (<a href="/wiki/Iratxe_Garc%C3%ADa" title="Iratxe García">Iratxe García</a>)</li> <li><a href="/wiki/Member_of_the_European_Parliament" title="Member of the European Parliament">Member of the European Parliament</a></li></ul></li> <li><a href="/wiki/Tenth_European_Parliament" title="Tenth European Parliament">10th session</a> (2024–2029)</li> <li><a href="/wiki/Bureau_of_the_European_Parliament" title="Bureau of the European Parliament">Bureau</a> <ul><li><a href="/wiki/Vice-President_of_the_European_Parliament" title="Vice-President of the European Parliament">Vice Presidents</a></li> <li><a href="/wiki/Quaestor_(European_Parliament)" title="Quaestor (European Parliament)">Quaestor</a></li></ul></li> <li><a href="/wiki/Conference_of_Presidents_of_the_European_Parliament" title="Conference of Presidents of the European Parliament">Conference</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/National_parliaments_of_the_European_Union" title="National parliaments of the European Union">National parliaments</a></b></div></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Judicial institutions</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Court_of_Justice_of_the_European_Union" title="Court of Justice of the European Union">Court of Justice of the EU</a></b></div> <ul><li><a href="/wiki/European_Court_of_Justice" title="European Court of Justice">European Court of Justice</a> <ul><li><a href="/wiki/List_of_members_of_the_European_Court_of_Justice" title="List of members of the European Court of Justice">Members</a></li> <li><a href="/wiki/Advocate_General_(European_Union)" class="mw-redirect" title="Advocate General (European Union)">Advocates General</a></li> <li><a href="/wiki/List_of_European_Court_of_Justice_rulings" title="List of European Court of Justice rulings">Rulings</a></li></ul></li> <li><a href="/wiki/General_Court_(European_Union)" title="General Court (European Union)">General Court</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Auditory institutions</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/European_Court_of_Auditors" title="European Court of Auditors">European Court of Auditors</a></b></div> <ul><li><a href="/wiki/European_Court_of_Auditors" title="European Court of Auditors">European Court of Auditors</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Other auditory bodies</b></div> <ul><li><a href="/wiki/Internal_Audit_Service_(European_Commission)" title="Internal Audit Service (European Commission)">Internal Audit Service of the Commission</a></li> <li><a href="/wiki/European_Parliament_Committee_on_Budgetary_Control" title="European Parliament Committee on Budgetary Control"> Committee on Budgetary Control of the Parliament</a></li> <li><a href="/wiki/Economic_and_Financial_Affairs_Council" title="Economic and Financial Affairs Council">Economic and Financial Affairs configuration of the Council</a></li> <li><a href="/wiki/European_Anti-Fraud_Office" title="European Anti-Fraud Office">Anti-Fraud Office</a></li> <li><a href="/wiki/European_Public_Prosecutor%27s_Office" title="European Public Prosecutor&#39;s Office">Public Prosecutor's Office</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/European_Central_Bank" title="European Central Bank">European Central Bank</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/President_of_the_European_Central_Bank" title="President of the European Central Bank">President</a> <a href="/wiki/Christine_Lagarde" title="Christine Lagarde">Lagarde</a> <ul><li><a href="/wiki/European_System_of_Central_Banks" title="European System of Central Banks">ESCB</a></li> <li><a class="mw-selflink selflink">EMU</a></li> <li><a href="/wiki/Euro_banknotes" title="Euro banknotes">Euro banknotes</a></li> <li><a href="/wiki/Euro_coins" title="Euro coins">Euro coins</a></li></ul></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Other bodies</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>European Investment Bank Group</b></div> <ul><li><a href="/wiki/European_Investment_Bank" title="European Investment Bank">Investment Bank</a></li> <li><a href="/wiki/European_Investment_Fund" title="European Investment Fund">Investment Fund</a></li> <li>EIB Institute</li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>European Stability Mechanism</b></div> <ul><li><a href="/wiki/European_Stability_Mechanism" title="European Stability Mechanism">European Stability Mechanism</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>European University Institute</b></div> <ul><li><a href="/wiki/European_University_Institute" title="European University Institute">European University Institute</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Unified Patent Court</b></div> <ul><li><a href="/wiki/Unified_Patent_Court" title="Unified Patent Court">Unified Patent Court</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Agencies,_decentralised_independent_bodies_and_joint_undertakings_of_the_European_Union_and_the_Euratom" class="mw-redirect" title="Agencies, decentralised independent bodies and joint undertakings of the European Union and the Euratom">Agencies, decentralised independent bodies and joint undertakings</a></b></div> <ul><li>Decentralised agencies of the EU <ul><li>Single market agencies</li> <li>CFSP agencies</li> <li>AFSC agencies</li> <li>ESFS <a href="/wiki/European_Supervisory_Authorities" class="mw-redirect" title="European Supervisory Authorities">European Supervisory Authorities</a></li> <li>SRM bodies</li></ul></li> <li>Executive agencies of the EU</li> <li>Euratom agencies</li> <li>Decentralised independent bodies of the EU <ul><li><a href="/wiki/European_Institute_of_Innovation_and_Technology" title="European Institute of Innovation and Technology">European Institute of Innovation and Technology</a></li> <li><a href="/wiki/European_Public_Prosecutor%27s_Office" title="European Public Prosecutor&#39;s Office">European Public Prosecutor's Office</a></li></ul></li> <li>Corporate bodies of the EU <ul><li><a href="/wiki/European_Data_Protection_Board" title="European Data Protection Board">European Data Protection Board</a></li> <li>Authority for European Political Parties and European Political Foundations</li></ul></li> <li>Joint undertakings <ul><li>of the EU</li> <li>of the Euratom</li></ul></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Other independent bodies</b></div> <ul><li><a href="/wiki/European_Data_Protection_Supervisor" title="European Data Protection Supervisor">European Data Protection Supervisor</a></li> <li><a href="/wiki/European_Ombudsman" title="European Ombudsman">European Ombudsman</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Advisory_bodies_to_the_European_Union" title="Advisory bodies to the European Union">Advisory bodies</a></b></div> <ul><li><a href="/wiki/European_Committee_of_the_Regions" title="European Committee of the Regions">European Committee of the Regions</a></li> <li><a href="/wiki/European_Economic_and_Social_Committee" title="European Economic and Social Committee">European Economic and Social Committee</a></li> <li><a href="/wiki/Political_and_Security_Committee" title="Political and Security Committee">Political and Security Committee</a> <ul><li><a href="/wiki/European_Union_Military_Committee" title="European Union Military Committee">European Union Military Committee</a></li></ul></li> <li><a href="/wiki/European_Union_Space_Programme#EU/ESA_Space_Council" title="European Union Space Programme">EU/ESA Space Council</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Inter-institutional bodies</b></div> <ul><li><a href="/wiki/Publications_Office_of_the_European_Union" title="Publications Office of the European Union">Publications Office of the European Union</a></li> <li><a href="/wiki/European_External_Action_Service" title="European External Action Service">European External Action Service</a></li> <li><a href="/wiki/European_Personnel_Selection_Office" title="European Personnel Selection Office">European Personnel Selection Office</a></li> <li><a href="/wiki/European_Anti-Fraud_Office" title="European Anti-Fraud Office">Anti-Fraud Office</a></li> <li><a href="/wiki/European_Administrative_School" class="mw-redirect" title="European Administrative School">European Administrative School</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/European_Atomic_Energy_Community" class="mw-redirect" title="European Atomic Energy Community">Euratom</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Euratom members</b></div> <div><ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Austria" title="Austria">Austria</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Belgium" title="Belgium">Belgium</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Bulgaria" title="Bulgaria">Bulgaria</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Croatia" title="Croatia">Croatia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Cyprus" title="Cyprus">Cyprus</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Czech_Republic" title="Czech Republic">Czech Republic</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></span></span></span>&#160;<a href="/wiki/Denmark" title="Denmark">Denmark</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></span></span></span>&#160;<a href="/wiki/Estonia" title="Estonia">Estonia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></span></span></span>&#160;<a href="/wiki/Finland" title="Finland">Finland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/France" title="France">France</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Germany" title="Germany">Germany</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Greece" title="Greece">Greece</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Hungary" title="Hungary">Hungary</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Italy" title="Italy">Italy</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Latvia" title="Latvia">Latvia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Lithuania" title="Lithuania">Lithuania</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></span></span></span>&#160;<a href="/wiki/Luxembourg" title="Luxembourg">Luxembourg</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Malta" title="Malta">Malta</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Netherlands" title="Netherlands">Netherlands</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Poland" title="Poland">Poland</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Portugal" title="Portugal">Portugal</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Romania" title="Romania">Romania</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovakia" title="Slovakia">Slovakia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovenia" title="Slovenia">Slovenia</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></span></span></span>&#160;<a href="/wiki/Spain" title="Spain">Spain</a></li><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Sweden" title="Sweden">Sweden</a></li></ul></div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Associated states</b></div> <ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/16px-Flag_of_Switzerland_%28Pantone%29.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/24px-Flag_of_Switzerland_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/32px-Flag_of_Switzerland_%28Pantone%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span></span>&#160;<a href="/wiki/Switzerland" title="Switzerland">Switzerland</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/23px-Flag_of_the_United_Kingdom.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/35px-Flag_of_the_United_Kingdom.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/a/ae/Flag_of_the_United_Kingdom.svg/46px-Flag_of_the_United_Kingdom.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/United_Kingdom" title="United Kingdom">United Kingdom</a></li></ul> <hr /> <ul><li><a href="/wiki/Nuclear_power_in_the_European_Union" title="Nuclear power in the European Union">Nuclear power in the European Union</a></li></ul> <figure class="mw-halign-center mw-image-border" typeof="mw:File"><a href="/wiki/File:Euratom.svg" class="mw-file-description" title="Euratom since 1 January 2021"><img alt="Euratom since 1 January 2021" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Euratom.svg/200px-Euratom.svg.png" decoding="async" width="200" height="200" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/52/Euratom.svg/300px-Euratom.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/52/Euratom.svg/400px-Euratom.svg.png 2x" data-file-width="1300" data-file-height="1300" /></a><figcaption>Euratom since 1 January 2021</figcaption></figure></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a class="mw-selflink selflink">Economic and Monetary Union</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Eurozone" title="Eurozone">Eurozone members</a></b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Austria" title="Austria"><img alt="Austria" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Austria" title="Austria">Austria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Belgium" title="Belgium"><img alt="Belgium" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Belgium" title="Belgium">Belgium</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Croatia" title="Croatia"><img alt="Croatia" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Croatia" title="Croatia">Croatia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Cyprus" title="Cyprus"><img alt="Cyprus" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Cyprus" title="Cyprus">Cyprus</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Estonia" title="Estonia"><img alt="Estonia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></a></span></span> <a href="/wiki/Estonia" title="Estonia">Estonia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Finland" title="Finland"><img alt="Finland" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></a></span></span> <a href="/wiki/Finland" title="Finland">Finland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/France" title="France"><img alt="France" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/France" title="France">France</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Germany" title="Germany"><img alt="Germany" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Germany" title="Germany">Germany</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Greece" title="Greece"><img alt="Greece" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Greece" title="Greece">Greece</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Republic_of_Ireland" title="Republic of Ireland"><img alt="Republic of Ireland" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Italy" title="Italy"><img alt="Italy" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></a></span></span> <a href="/wiki/Italy" title="Italy">Italy</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Latvia" title="Latvia"><img alt="Latvia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Latvia" title="Latvia">Latvia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Lithuania" title="Lithuania"><img alt="Lithuania" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Lithuania" title="Lithuania">Lithuania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Luxembourg" title="Luxembourg"><img alt="Luxembourg" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></a></span></span> <a href="/wiki/Luxembourg" title="Luxembourg">Luxembourg</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Malta" title="Malta"><img alt="Malta" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Malta" title="Malta">Malta</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Netherlands" title="Netherlands"><img alt="Netherlands" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Netherlands" title="Netherlands">Netherlands</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Portugal" title="Portugal"><img alt="Portugal" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Portugal" title="Portugal">Portugal</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovakia" title="Slovakia"><img alt="Slovakia" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Slovakia" title="Slovakia">Slovakia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovenia" title="Slovenia"><img alt="Slovenia" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Slovenia" title="Slovenia">Slovenia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Spain" title="Spain"><img alt="Spain" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></a></span></span> <a href="/wiki/Spain" title="Spain">Spain</a></li></ul> <p><br /> </p> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Eurogroup" title="Eurogroup">Eurogroup</a></b></div> <ul><li><b>President</b> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Republic_of_Ireland" title="Republic of Ireland"><img alt="Republic of Ireland" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Paschal_Donohoe" title="Paschal Donohoe">Paschal Donohoe</a></li></ul></li></ul> <p><br /> </p> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/Currencies_of_the_European_Union" title="Currencies of the European Union">Other currencies in use</a></b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Bulgaria" title="Bulgaria"><img alt="Bulgaria" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Bulgarian_lev" title="Bulgarian lev">Bulgarian lev</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Czech_Republic" title="Czech Republic"><img alt="Czech Republic" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Czech_koruna" title="Czech koruna">Czech koruna</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Denmark" title="Denmark"><img alt="Denmark" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></a></span></span> <a href="/wiki/Danish_krone" title="Danish krone">Danish krone</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Hungary" title="Hungary"><img alt="Hungary" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Hungarian_forint" title="Hungarian forint">Hungarian forint</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Poland" title="Poland"><img alt="Poland" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></a></span></span> <a href="/wiki/Polish_z%C5%82oty" title="Polish złoty">Polish złoty</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Romania" title="Romania"><img alt="Romania" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Romanian_leu" title="Romanian leu">Romanian leu</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Sweden" title="Sweden"><img alt="Sweden" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></a></span></span> <a href="/wiki/Swedish_krona" title="Swedish krona">Swedish krona</a></li></ul> <hr /> <ul><li><a href="/wiki/European_Exchange_Rate_Mechanism" title="European Exchange Rate Mechanism">ERM II</a></li> <li><a href="/wiki/Enlargement_of_the_eurozone" title="Enlargement of the eurozone">Enlargement of the eurozone</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Non Euro countries relationship to Euro</b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"> <div class="hlist"> <ul><li><a href="/wiki/Bulgaria_and_the_euro" title="Bulgaria and the euro">Bulgaria</a></li> <li><a href="/wiki/Czech_Republic_and_the_euro" title="Czech Republic and the euro">Czechia</a></li> <li><a href="/wiki/Denmark_and_the_euro" title="Denmark and the euro">Denmark</a></li> <li><a href="/wiki/Hungary_and_the_euro" title="Hungary and the euro">Hungary</a></li> <li><a href="/wiki/Poland_and_the_euro" title="Poland and the euro">Poland</a></li> <li><a href="/wiki/Sweden_and_the_euro" title="Sweden and the euro">Sweden</a></li> <li><a href="/wiki/Romania_and_the_euro" title="Romania and the euro">Romania</a></li></ul> </div> </div> <figure class="mw-halign-center mw-image-border" typeof="mw:File"><a href="/wiki/File:Eurozone.svg" class="mw-file-description" title="Eurozone since 2015"><img alt="Eurozone since 2015" src="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Eurozone.svg/200px-Eurozone.svg.png" decoding="async" width="200" height="203" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Eurozone.svg/300px-Eurozone.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/08/Eurozone.svg/400px-Eurozone.svg.png 2x" data-file-width="450" data-file-height="456" /></a><figcaption>Eurozone since 2015</figcaption></figure></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/Schengen_Area" title="Schengen Area">Schengen Area</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Austria" title="Austria">Austria</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Belgium" title="Belgium">Belgium</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Bulgaria" title="Bulgaria">Bulgaria</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Croatia" title="Croatia">Croatia</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Czech_Republic" title="Czech Republic">Czech Republic</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></span></span></span>&#160;<a href="/wiki/Denmark" title="Denmark">Denmark</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></span></span></span>&#160;<a href="/wiki/Estonia" title="Estonia">Estonia</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></span></span></span>&#160;<a href="/wiki/Finland" title="Finland">Finland</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/France" title="France">France</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Germany" title="Germany">Germany</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Greece" title="Greece">Greece</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Hungary" title="Hungary">Hungary</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Italy" title="Italy">Italy</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Latvia" title="Latvia">Latvia</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Lithuania" title="Lithuania">Lithuania</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></span></span></span>&#160;<a href="/wiki/Luxembourg" title="Luxembourg">Luxembourg</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Malta" title="Malta">Malta</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Netherlands" title="Netherlands">Netherlands</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Poland" title="Poland">Poland</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Portugal" title="Portugal">Portugal</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></span></span></span>&#160;<a href="/wiki/Romania" title="Romania">Romania</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovakia" title="Slovakia">Slovakia</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Slovenia" title="Slovenia">Slovenia</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></span></span></span>&#160;<a href="/wiki/Spain" title="Spain">Spain</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></span></span></span>&#160;<a href="/wiki/Sweden" title="Sweden">Sweden</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Non-EU members</b></div> <ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/21px-Flag_of_Iceland.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/32px-Flag_of_Iceland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/42px-Flag_of_Iceland.svg.png 2x" data-file-width="1250" data-file-height="900" /></span></span></span>&#160;<a href="/wiki/Iceland" title="Iceland">Iceland</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/23px-Flag_of_Liechtenstein.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/35px-Flag_of_Liechtenstein.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/46px-Flag_of_Liechtenstein.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Liechtenstein" title="Liechtenstein">Liechtenstein</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/21px-Flag_of_Norway.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/32px-Flag_of_Norway.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/41px-Flag_of_Norway.svg.png 2x" data-file-width="512" data-file-height="372" /></span></span></span>&#160;<a href="/wiki/Norway" title="Norway">Norway</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/16px-Flag_of_Switzerland_%28Pantone%29.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/24px-Flag_of_Switzerland_%28Pantone%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/08/Flag_of_Switzerland_%28Pantone%29.svg/32px-Flag_of_Switzerland_%28Pantone%29.svg.png 2x" data-file-width="512" data-file-height="512" /></span></span></span>&#160;<a href="/wiki/Switzerland" title="Switzerland">Switzerland</a></li></ul> <hr /> <ul><li><a href="/wiki/Pr%C3%BCm_Convention" title="Prüm Convention">Prüm Convention</a></li> <li><a href="/wiki/Schengen_Information_System" title="Schengen Information System">Schengen Information System</a></li> <li><a href="/wiki/Visa_Information_System" title="Visa Information System">Visa Information System</a></li> <li><a href="/wiki/Visa_policy_of_the_Schengen_Area" title="Visa policy of the Schengen Area">Visa policy of the Schengen Area</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Non-Schengen area EU member states</b></div> <ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></span></span></span>&#160;<a href="/wiki/Cyprus" title="Cyprus">Cyprus</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a> (Opt-out)</li></ul> <figure class="mw-halign-center mw-image-border" typeof="mw:File"><a href="/wiki/File:Map_of_the_Schengen_Area.svg" class="mw-file-description" title="Schengen Area from January 2023"><img alt="Schengen Area from January 2023" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/57/Map_of_the_Schengen_Area.svg/200px-Map_of_the_Schengen_Area.svg.png" decoding="async" width="200" height="200" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/57/Map_of_the_Schengen_Area.svg/300px-Map_of_the_Schengen_Area.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/57/Map_of_the_Schengen_Area.svg/400px-Map_of_the_Schengen_Area.svg.png 2x" data-file-width="1300" data-file-height="1300" /></a><figcaption>Schengen Area from January 2023</figcaption></figure></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/European_Economic_Area" title="European Economic Area">European Economic Area</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>EEA members</b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Austria" title="Austria"><img alt="Austria" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Austria" title="Austria">Austria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Belgium" title="Belgium"><img alt="Belgium" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Belgium" title="Belgium">Belgium</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Bulgaria" title="Bulgaria"><img alt="Bulgaria" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Bulgaria" title="Bulgaria">Bulgaria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Croatia" title="Croatia"><img alt="Croatia" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Croatia" title="Croatia">Croatia</a> (provisional member)</li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Cyprus" title="Cyprus"><img alt="Cyprus" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Cyprus" title="Cyprus">Cyprus</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Czech_Republic" title="Czech Republic"><img alt="Czech Republic" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Czech_Republic" title="Czech Republic">Czech Republic</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Denmark" title="Denmark"><img alt="Denmark" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></a></span></span> <a href="/wiki/Denmark" title="Denmark">Denmark</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Estonia" title="Estonia"><img alt="Estonia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></a></span></span> <a href="/wiki/Estonia" title="Estonia">Estonia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Finland" title="Finland"><img alt="Finland" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></a></span></span> <a href="/wiki/Finland" title="Finland">Finland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/France" title="France"><img alt="France" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/France" title="France">France</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Germany" title="Germany"><img alt="Germany" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Germany" title="Germany">Germany</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Greece" title="Greece"><img alt="Greece" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Greece" title="Greece">Greece</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Hungary" title="Hungary"><img alt="Hungary" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Hungary" title="Hungary">Hungary</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Republic_of_Ireland" title="Republic of Ireland"><img alt="Republic of Ireland" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Italy" title="Italy"><img alt="Italy" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></a></span></span> <a href="/wiki/Italy" title="Italy">Italy</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Latvia" title="Latvia"><img alt="Latvia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Latvia" title="Latvia">Latvia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Lithuania" title="Lithuania"><img alt="Lithuania" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Lithuania" title="Lithuania">Lithuania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Luxembourg" title="Luxembourg"><img alt="Luxembourg" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></a></span></span> <a href="/wiki/Luxembourg" title="Luxembourg">Luxembourg</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Malta" title="Malta"><img alt="Malta" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Malta" title="Malta">Malta</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Netherlands" title="Netherlands"><img alt="Netherlands" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Netherlands" title="Netherlands">Netherlands</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Poland" title="Poland"><img alt="Poland" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></a></span></span> <a href="/wiki/Poland" title="Poland">Poland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Portugal" title="Portugal"><img alt="Portugal" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Portugal" title="Portugal">Portugal</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Romania" title="Romania"><img alt="Romania" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Romania" title="Romania">Romania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovakia" title="Slovakia"><img alt="Slovakia" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Slovakia" title="Slovakia">Slovakia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovenia" title="Slovenia"><img alt="Slovenia" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Slovenia" title="Slovenia">Slovenia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Spain" title="Spain"><img alt="Spain" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></a></span></span> <a href="/wiki/Spain" title="Spain">Spain</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Sweden" title="Sweden"><img alt="Sweden" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></a></span></span> <a href="/wiki/Sweden" title="Sweden">Sweden</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Non-EU members</b></div> <ul><li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/21px-Flag_of_Iceland.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/32px-Flag_of_Iceland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/ce/Flag_of_Iceland.svg/42px-Flag_of_Iceland.svg.png 2x" data-file-width="1250" data-file-height="900" /></span></span></span>&#160;<a href="/wiki/Iceland" title="Iceland">Iceland</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/23px-Flag_of_Liechtenstein.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/35px-Flag_of_Liechtenstein.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/47/Flag_of_Liechtenstein.svg/46px-Flag_of_Liechtenstein.svg.png 2x" data-file-width="1000" data-file-height="600" /></span></span></span>&#160;<a href="/wiki/Liechtenstein" title="Liechtenstein">Liechtenstein</a></li> <li><span class="flagicon" style="display:inline-block;width:25px;"><span class="mw-image-border" typeof="mw:File"><span><img alt="" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/21px-Flag_of_Norway.svg.png" decoding="async" width="21" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/32px-Flag_of_Norway.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d9/Flag_of_Norway.svg/41px-Flag_of_Norway.svg.png 2x" data-file-width="512" data-file-height="372" /></span></span></span>&#160;<a href="/wiki/Norway" title="Norway">Norway</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Topics</b></div> <ul><li><a href="/wiki/EEA_Joint_Committee" title="EEA Joint Committee">EEA Joint Committee</a></li> <li><a href="/wiki/National_identity_cards_in_the_European_Economic_Area" class="mw-redirect" title="National identity cards in the European Economic Area">EEA National Identity cards</a></li> <li><a href="/wiki/Microstates_and_the_European_Union" title="Microstates and the European Union">Microstates and the European Union</a></li></ul> <figure class="mw-halign-center mw-image-border" typeof="mw:File"><a href="/wiki/File:EEA.svg" class="mw-file-description" title="European Economic Area"><img alt="European Economic Area" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5a/EEA.svg/200px-EEA.svg.png" decoding="async" width="200" height="153" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5a/EEA.svg/300px-EEA.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5a/EEA.svg/400px-EEA.svg.png 2x" data-file-width="680" data-file-height="520" /></a><figcaption>European Economic Area</figcaption></figure></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/Elections_to_the_European_Parliament" title="Elections to the European Parliament">Elections</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/Elections_to_the_European_Parliament" title="Elections to the European Parliament">Elections to the European Parliament</a></li> <li><a href="/wiki/European_political_party" title="European political party">European parties</a></li> <li><a href="/wiki/European_political_foundation" title="European political foundation">European foundations</a></li> <li><a href="/wiki/Political_groups_of_the_European_Parliament" title="Political groups of the European Parliament">Political groups of the European Parliament</a></li> <li><a href="/wiki/Spitzenkandidat" title="Spitzenkandidat">Spitzenkandidat</a></li> <li><a href="/wiki/European_Parliament_constituency" title="European Parliament constituency">Constituencies</a></li> <li><a href="/wiki/Apportionment_in_the_European_Parliament" title="Apportionment in the European Parliament">Apportionment</a></li> <li><a href="/wiki/Referendums_related_to_the_European_Union" title="Referendums related to the European Union">Referendums related to the EU</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>European elections</b></div> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"> <div class="hlist"> <ul><li><a href="/wiki/1979_European_Parliament_election" title="1979 European Parliament election">1979</a></li> <li><a href="/wiki/1984_European_Parliament_election" title="1984 European Parliament election">1984</a></li> <li><a href="/wiki/1989_European_Parliament_election" title="1989 European Parliament election">1989</a></li> <li><a href="/wiki/1994_European_Parliament_election" title="1994 European Parliament election">1994</a></li> <li><a href="/wiki/1999_European_Parliament_election" title="1999 European Parliament election">1999</a></li> <li><a href="/wiki/2004_European_Parliament_election" title="2004 European Parliament election">2004</a></li> <li><a href="/wiki/2009_European_Parliament_election" title="2009 European Parliament election">2009</a></li> <li><a href="/wiki/2014_European_Parliament_election" title="2014 European Parliament election">2014</a></li> <li><a href="/wiki/2019_European_Parliament_election" title="2019 European Parliament election">2019</a></li> <li><a href="/wiki/2024_European_Parliament_election" title="2024 European Parliament election">2024 (latest election)</a></li></ul> </div> </div> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Elections in EU member states</b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Austria" title="Austria"><img alt="Austria" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Austria" title="Elections in Austria">Austria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Belgium" title="Belgium"><img alt="Belgium" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Belgium" title="Elections in Belgium">Belgium</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Bulgaria" title="Bulgaria"><img alt="Bulgaria" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Bulgaria" title="Elections in Bulgaria">Bulgaria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Croatia" title="Croatia"><img alt="Croatia" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Croatia" title="Elections in Croatia">Croatia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Cyprus" title="Cyprus"><img alt="Cyprus" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Elections_in_Cyprus" title="Elections in Cyprus">Cyprus</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Czech_Republic" title="Czech Republic"><img alt="Czech Republic" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_the_Czech_Republic" title="Elections in the Czech Republic">Czech Republic</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Denmark" title="Denmark"><img alt="Denmark" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></a></span></span> <a href="/wiki/Elections_in_Denmark" title="Elections in Denmark">Denmark</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Estonia" title="Estonia"><img alt="Estonia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></a></span></span> <a href="/wiki/Elections_in_Estonia" title="Elections in Estonia">Estonia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Finland" title="Finland"><img alt="Finland" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></a></span></span> <a href="/wiki/Elections_in_Finland" title="Elections in Finland">Finland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/France" title="France"><img alt="France" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_France" title="Elections in France">France</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Germany" title="Germany"><img alt="Germany" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Germany" title="Elections in Germany">Germany</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Greece" title="Greece"><img alt="Greece" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Elections_in_Greece" title="Elections in Greece">Greece</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Hungary" title="Hungary"><img alt="Hungary" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Hungary" title="Elections in Hungary">Hungary</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Republic_of_Ireland" title="Republic of Ireland"><img alt="Republic of Ireland" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_the_Republic_of_Ireland" title="Elections in the Republic of Ireland">Ireland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Italy" title="Italy"><img alt="Italy" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></a></span></span> <a href="/wiki/Elections_in_Italy" title="Elections in Italy">Italy</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Latvia" title="Latvia"><img alt="Latvia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Latvia" title="Elections in Latvia">Latvia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Lithuania" title="Lithuania"><img alt="Lithuania" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Lithuania" title="Elections in Lithuania">Lithuania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Luxembourg" title="Luxembourg"><img alt="Luxembourg" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></a></span></span> <a href="/wiki/Elections_in_Luxembourg" title="Elections in Luxembourg">Luxembourg</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Malta" title="Malta"><img alt="Malta" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Malta" title="Elections in Malta">Malta</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Netherlands" title="Netherlands"><img alt="Netherlands" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_the_Netherlands" title="Elections in the Netherlands">Netherlands</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Poland" title="Poland"><img alt="Poland" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></a></span></span> <a href="/wiki/Elections_in_Poland" title="Elections in Poland">Poland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Portugal" title="Portugal"><img alt="Portugal" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Elections_in_Portugal" title="Elections in Portugal">Portugal</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Romania" title="Romania"><img alt="Romania" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Elections_in_Romania" title="Elections in Romania">Romania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovakia" title="Slovakia"><img alt="Slovakia" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Slovakia" title="Elections in Slovakia">Slovakia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovenia" title="Slovenia"><img alt="Slovenia" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Elections_in_Slovenia" title="Elections in Slovenia">Slovenia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Spain" title="Spain"><img alt="Spain" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></a></span></span> <a href="/wiki/Elections_in_Spain" title="Elections in Spain">Spain</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Sweden" title="Sweden"><img alt="Sweden" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></a></span></span> <a href="/wiki/Elections_in_Sweden" title="Elections in Sweden">Sweden</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/European_Union_law" class="mw-redirect" title="European Union law">Law</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/Acquis_communautaire" title="Acquis communautaire">Acquis</a> <ul><li><a href="/wiki/Primacy_of_European_Union_law" title="Primacy of European Union law">Primacy</a> (<a href="/wiki/Costa_v_ENEL" title="Costa v ENEL">ECJ Case 6/64</a>)</li> <li><a href="/wiki/Subsidiarity_(European_Union)" title="Subsidiarity (European Union)">Subsidiarity</a></li></ul></li> <li><a href="/wiki/Regulation_(European_Union)" title="Regulation (European Union)">Regulation</a></li> <li><a href="/wiki/Directive_(European_Union)" title="Directive (European Union)">Directive</a></li> <li><a href="/wiki/Decision_(European_Union)" title="Decision (European Union)">Decision</a></li> <li><a href="/wiki/Recommendation_(European_Union)" title="Recommendation (European Union)">Recommendation</a></li> <li><a href="/wiki/Charter_of_Fundamental_Rights_of_the_European_Union" title="Charter of Fundamental Rights of the European Union">Fundamental Rights</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Policies and issues</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/Budget_of_the_European_Union" title="Budget of the European Union">Budget</a></li> <li><a href="/wiki/European_Union_Customs_Union" title="European Union Customs Union">Customs Union</a> <ul><li><a href="/wiki/European_Union_free_trade_agreements" class="mw-redirect" title="European Union free trade agreements">Free Trade Agreements</a></li></ul></li> <li><a href="/wiki/European_Single_Market" class="mw-redirect" title="European Single Market">European Single Market</a> <ul><li><a href="/wiki/Area_of_freedom,_security_and_justice" title="Area of freedom, security and justice">Area of FS&amp;J</a></li></ul></li> <li>Policies <ul><li><a href="/wiki/Common_Agricultural_Policy" title="Common Agricultural Policy">Agricultural</a></li> <li><a href="/wiki/Energy_policy_of_the_European_Union" title="Energy policy of the European Union">Energy</a></li> <li><a href="/wiki/Common_Fisheries_Policy" title="Common Fisheries Policy">Fisheries</a></li> <li><a href="/wiki/Regional_policy_of_the_European_Union" title="Regional policy of the European Union">Regional</a></li></ul></li> <li><a href="/wiki/Citizenship_of_the_European_Union" class="mw-redirect" title="Citizenship of the European Union">Citizenship</a> <ul><li><a href="/wiki/Passports_of_the_European_Union" title="Passports of the European Union">Passports of the European Union</a></li> <li><a href="/wiki/Pan-European_identity" title="Pan-European identity">Identity</a></li> <li><a href="/wiki/Pro-Europeanism" title="Pro-Europeanism">Pro-Europeanism</a></li> <li><a href="/wiki/Euroscepticism" title="Euroscepticism">Euroscepticism</a></li></ul></li> <li><a href="/wiki/European_banking_union" title="European banking union">European banking union</a> <ul><li><a href="/wiki/European_Banking_Supervision" title="European Banking Supervision">European Banking Supervision</a></li> <li><a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">Single Resolution Mechanism</a></li></ul></li> <li><a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">Capital Markets Union</a> <ul><li><a href="/wiki/European_System_of_Financial_Supervision" title="European System of Financial Supervision">European System of Financial Supervision</a></li></ul></li> <li><a href="/wiki/European_integration" title="European integration">Integration</a> <ul><li><a href="/wiki/Supranational_union" title="Supranational union">Supranationalism</a></li> <li><a href="/wiki/European_Federation" class="mw-redirect" title="European Federation">European Federation</a></li> <li><a href="/wiki/Multi-speed_Europe" title="Multi-speed Europe">Multi-speed Europe</a> <ul><li><a href="/wiki/Enhanced_cooperation" title="Enhanced cooperation">Enhanced cooperation</a></li></ul></li></ul></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)"><a href="/wiki/Foreign_relations_of_the_European_Union" title="Foreign relations of the European Union">Foreign relations</a></div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"><div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b><a href="/wiki/High_Representative_of_the_Union_for_Foreign_Affairs_and_Security_Policy" title="High Representative of the Union for Foreign Affairs and Security Policy">High Representative</a></b></div> <ul><li><a href="/wiki/Josep_Borrell" title="Josep Borrell">Josep Borrell</a></li></ul> <hr /> <ul><li><a href="/wiki/European_External_Action_Service" title="European External Action Service">Ext. Action Service</a></li> <li><a href="/wiki/Common_Foreign_and_Security_Policy" title="Common Foreign and Security Policy">Foreign Policy</a></li> <li><a href="/wiki/Common_Security_and_Defence_Policy" title="Common Security and Defence Policy">Defence Policy</a></li></ul> <hr /> <div class="center" style="width:auto; margin-left:auto; margin-right:auto;"><b>Foreign relations of EU member states</b></div> <ul><li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Austria" title="Austria"><img alt="Austria" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/23px-Flag_of_Austria.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/35px-Flag_of_Austria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/41/Flag_of_Austria.svg/45px-Flag_of_Austria.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Austria" title="Foreign relations of Austria">Austria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Belgium" title="Belgium"><img alt="Belgium" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/23px-Flag_of_Belgium_%28civil%29.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/35px-Flag_of_Belgium_%28civil%29.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/92/Flag_of_Belgium_%28civil%29.svg/45px-Flag_of_Belgium_%28civil%29.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Belgium" title="Foreign relations of Belgium">Belgium</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Bulgaria" title="Bulgaria"><img alt="Bulgaria" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/23px-Flag_of_Bulgaria.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/35px-Flag_of_Bulgaria.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9a/Flag_of_Bulgaria.svg/46px-Flag_of_Bulgaria.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Bulgaria" title="Foreign relations of Bulgaria">Bulgaria</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Croatia" title="Croatia"><img alt="Croatia" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/23px-Flag_of_Croatia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/35px-Flag_of_Croatia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/1b/Flag_of_Croatia.svg/46px-Flag_of_Croatia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Croatia" title="Foreign relations of Croatia">Croatia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Cyprus" title="Cyprus"><img alt="Cyprus" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/23px-Flag_of_Cyprus.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/35px-Flag_of_Cyprus.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/Flag_of_Cyprus.svg/45px-Flag_of_Cyprus.svg.png 2x" data-file-width="1200" data-file-height="800" /></a></span></span> <a href="/wiki/Foreign_relations_of_Cyprus" title="Foreign relations of Cyprus">Cyprus</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Czech_Republic" title="Czech Republic"><img alt="Czech Republic" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/23px-Flag_of_the_Czech_Republic.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/35px-Flag_of_the_Czech_Republic.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/cb/Flag_of_the_Czech_Republic.svg/45px-Flag_of_the_Czech_Republic.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_the_Czech_Republic" title="Foreign relations of the Czech Republic">Czech Republic</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Denmark" title="Denmark"><img alt="Denmark" src="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/20px-Flag_of_Denmark.svg.png" decoding="async" width="20" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/31px-Flag_of_Denmark.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/9/9c/Flag_of_Denmark.svg/40px-Flag_of_Denmark.svg.png 2x" data-file-width="512" data-file-height="387" /></a></span></span> <a href="/wiki/Foreign_relations_of_Denmark" title="Foreign relations of Denmark">Denmark</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Estonia" title="Estonia"><img alt="Estonia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/23px-Flag_of_Estonia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/35px-Flag_of_Estonia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/8f/Flag_of_Estonia.svg/46px-Flag_of_Estonia.svg.png 2x" data-file-width="990" data-file-height="630" /></a></span></span> <a href="/wiki/Foreign_relations_of_Estonia" title="Foreign relations of Estonia">Estonia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Finland" title="Finland"><img alt="Finland" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/23px-Flag_of_Finland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/35px-Flag_of_Finland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/bc/Flag_of_Finland.svg/46px-Flag_of_Finland.svg.png 2x" data-file-width="1800" data-file-height="1100" /></a></span></span> <a href="/wiki/Foreign_relations_of_Finland" title="Foreign relations of Finland">Finland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/France" title="France"><img alt="France" src="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/23px-Flag_of_France.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/35px-Flag_of_France.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/c/c3/Flag_of_France.svg/45px-Flag_of_France.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_France" title="Foreign relations of France">France</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Germany" title="Germany"><img alt="Germany" src="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/23px-Flag_of_Germany.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/35px-Flag_of_Germany.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/b/ba/Flag_of_Germany.svg/46px-Flag_of_Germany.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Germany" title="Foreign relations of Germany">Germany</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Greece" title="Greece"><img alt="Greece" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/23px-Flag_of_Greece.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/35px-Flag_of_Greece.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Greece.svg/45px-Flag_of_Greece.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Foreign_relations_of_Greece" title="Foreign relations of Greece">Greece</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Hungary" title="Hungary"><img alt="Hungary" src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/23px-Flag_of_Hungary.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/35px-Flag_of_Hungary.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c1/Flag_of_Hungary.svg/46px-Flag_of_Hungary.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Hungary" title="Foreign relations of Hungary">Hungary</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Republic_of_Ireland" title="Republic of Ireland"><img alt="Republic of Ireland" src="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/23px-Flag_of_Ireland.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/35px-Flag_of_Ireland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/4/45/Flag_of_Ireland.svg/46px-Flag_of_Ireland.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Ireland" title="Foreign relations of Ireland">Ireland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Italy" title="Italy"><img alt="Italy" src="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/23px-Flag_of_Italy.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/35px-Flag_of_Italy.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/0/03/Flag_of_Italy.svg/45px-Flag_of_Italy.svg.png 2x" data-file-width="1500" data-file-height="1000" /></a></span></span> <a href="/wiki/Foreign_relations_of_Italy" title="Foreign relations of Italy">Italy</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Latvia" title="Latvia"><img alt="Latvia" src="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/23px-Flag_of_Latvia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/35px-Flag_of_Latvia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/8/84/Flag_of_Latvia.svg/46px-Flag_of_Latvia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Latvia" title="Foreign relations of Latvia">Latvia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Lithuania" title="Lithuania"><img alt="Lithuania" src="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/23px-Flag_of_Lithuania.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/35px-Flag_of_Lithuania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/11/Flag_of_Lithuania.svg/46px-Flag_of_Lithuania.svg.png 2x" data-file-width="1000" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Lithuania" title="Foreign relations of Lithuania">Lithuania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Luxembourg" title="Luxembourg"><img alt="Luxembourg" src="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/23px-Flag_of_Luxembourg.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/35px-Flag_of_Luxembourg.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/da/Flag_of_Luxembourg.svg/46px-Flag_of_Luxembourg.svg.png 2x" data-file-width="512" data-file-height="307" /></a></span></span> <a href="/wiki/Foreign_relations_of_Luxembourg" title="Foreign relations of Luxembourg">Luxembourg</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Malta" title="Malta"><img alt="Malta" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/23px-Flag_of_Malta.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/35px-Flag_of_Malta.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Malta.svg/45px-Flag_of_Malta.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Malta" title="Foreign relations of Malta">Malta</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Netherlands" title="Netherlands"><img alt="Netherlands" src="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/23px-Flag_of_the_Netherlands.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/35px-Flag_of_the_Netherlands.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/2/20/Flag_of_the_Netherlands.svg/45px-Flag_of_the_Netherlands.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_the_Netherlands" title="Foreign relations of the Netherlands">Netherlands</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Poland" title="Poland"><img alt="Poland" src="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/23px-Flag_of_Poland.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/35px-Flag_of_Poland.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/1/12/Flag_of_Poland.svg/46px-Flag_of_Poland.svg.png 2x" data-file-width="1280" data-file-height="800" /></a></span></span> <a href="/wiki/Foreign_relations_of_Poland" title="Foreign relations of Poland">Poland</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Portugal" title="Portugal"><img alt="Portugal" src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/23px-Flag_of_Portugal.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/35px-Flag_of_Portugal.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5c/Flag_of_Portugal.svg/45px-Flag_of_Portugal.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Foreign_relations_of_Portugal" title="Foreign relations of Portugal">Portugal</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Romania" title="Romania"><img alt="Romania" src="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/23px-Flag_of_Romania.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/35px-Flag_of_Romania.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/7/73/Flag_of_Romania.svg/45px-Flag_of_Romania.svg.png 2x" data-file-width="600" data-file-height="400" /></a></span></span> <a href="/wiki/Foreign_relations_of_Romania" title="Foreign relations of Romania">Romania</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovakia" title="Slovakia"><img alt="Slovakia" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/23px-Flag_of_Slovakia.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/35px-Flag_of_Slovakia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/e/e6/Flag_of_Slovakia.svg/45px-Flag_of_Slovakia.svg.png 2x" data-file-width="900" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Slovakia" title="Foreign relations of Slovakia">Slovakia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Slovenia" title="Slovenia"><img alt="Slovenia" src="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/23px-Flag_of_Slovenia.svg.png" decoding="async" width="23" height="12" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/35px-Flag_of_Slovenia.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/f/f0/Flag_of_Slovenia.svg/46px-Flag_of_Slovenia.svg.png 2x" data-file-width="1200" data-file-height="600" /></a></span></span> <a href="/wiki/Foreign_relations_of_Slovenia" title="Foreign relations of Slovenia">Slovenia</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Spain" title="Spain"><img alt="Spain" src="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/23px-Flag_of_Spain.svg.png" decoding="async" width="23" height="15" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/35px-Flag_of_Spain.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/9a/Flag_of_Spain.svg/45px-Flag_of_Spain.svg.png 2x" data-file-width="750" data-file-height="500" /></a></span></span> <a href="/wiki/Foreign_relations_of_Spain" title="Foreign relations of Spain">Spain</a></li> <li><span class="flagicon"><span class="mw-image-border" typeof="mw:File"><a href="/wiki/Sweden" title="Sweden"><img alt="Sweden" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/23px-Flag_of_Sweden.svg.png" decoding="async" width="23" height="14" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/35px-Flag_of_Sweden.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/4/4c/Flag_of_Sweden.svg/46px-Flag_of_Sweden.svg.png 2x" data-file-width="1600" data-file-height="1000" /></a></span></span> <a href="/wiki/Foreign_relations_of_Sweden" title="Foreign relations of Sweden">Sweden</a></li></ul> <hr /> <ul><li><a href="/wiki/Argentina%E2%80%93European_Union_relations" title="Argentina–European Union relations">Argentina–European Union relations</a></li> <li><a href="/wiki/Armenia%E2%80%93European_Union_relations" title="Armenia–European Union relations">Armenia–European Union relations</a></li> <li><a href="/wiki/Australia%E2%80%93European_Union_relations" title="Australia–European Union relations">Australia–European Union relations</a></li> <li><a href="/wiki/Brazil%E2%80%93European_Union_relations" title="Brazil–European Union relations">Brazil–European Union relations</a></li> <li><a href="/wiki/Canada%E2%80%93European_Union_relations" title="Canada–European Union relations">Canada–European Union relations</a></li> <li><a href="/wiki/China%E2%80%93European_Union_relations" title="China–European Union relations">China–European Union relations</a></li> <li><a href="/wiki/European_Union%E2%80%93NATO_relations" title="European Union–NATO relations">European Union–NATO relations</a></li> <li><a href="/wiki/Georgia%E2%80%93European_Union_relations" title="Georgia–European Union relations">Georgia–European Union relations</a></li> <li><a href="/wiki/Iceland%E2%80%93European_Union_relations" title="Iceland–European Union relations">Iceland–European Union relations</a></li> <li><a href="/wiki/Kazakhstan%E2%80%93European_Union_relations" title="Kazakhstan–European Union relations">Kazakhstan–European Union relations</a></li> <li><a href="/wiki/Japan%E2%80%93European_Union_relations" title="Japan–European Union relations">Japan–European Union relations</a></li> <li><a href="/wiki/Mexico%E2%80%93European_Union_relations" title="Mexico–European Union relations">Mexico–European Union relations</a></li> <li><a href="/wiki/Moldova%E2%80%93European_Union_relations" title="Moldova–European Union relations">Moldova–European Union relations</a></li> <li><a href="/wiki/Norway%E2%80%93European_Union_relations" title="Norway–European Union relations">Norway–European Union relations</a></li> <li><a href="/wiki/Russia%E2%80%93European_Union_relations" title="Russia–European Union relations">Russia–European Union relations</a></li> <li><a href="/wiki/Switzerland%E2%80%93European_Union_relations" title="Switzerland–European Union relations">Switzerland–European Union relations</a></li> <li><a href="/wiki/European_Union%E2%80%93Turkey_relations" title="European Union–Turkey relations">Turkey–European Union relations</a></li> <li><a href="/wiki/Ukraine%E2%80%93European_Union_relations" title="Ukraine–European Union relations">Ukraine–European Union relations</a></li> <li><a href="/wiki/United_Kingdom%E2%80%93European_Union_relations" title="United Kingdom–European Union relations">United Kingdom–European Union relations</a> (<a href="/wiki/United_Kingdom_membership_of_the_European_Union" title="United Kingdom membership of the European Union">History</a>) <ul><li><a href="/wiki/Post-Brexit_United_Kingdom_relations_with_the_European_Union" title="Post-Brexit United Kingdom relations with the European Union">Post-Brexit United Kingdom relations with the European Union</a></li> <li><a href="/wiki/Brexit" title="Brexit">Brexit</a></li></ul></li> <li><a href="/wiki/United_States%E2%80%93European_Union_relations" class="mw-redirect" title="United States–European Union relations">United States–European Union relations</a></li></ul> <hr /> <ul><li><a href="/wiki/Common_Travel_Area" title="Common Travel Area">Common Travel Area</a> (<a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Ireland</a>)</li> <li><a href="/wiki/Microstates_and_the_European_Union" title="Microstates and the European Union">Microstates and the European Union</a></li> <li><a href="/wiki/European_Union_and_the_United_Nations" title="European Union and the United Nations">European Union and the United Nations</a></li> <li><a href="/wiki/European_Union_Association_Agreement" title="European Union Association Agreement">European Union Association Agreement</a></li></ul> <hr /> <ul><li><a href="/wiki/Group_of_Seven" class="mw-redirect" title="Group of Seven">G7</a></li> <li><a href="/wiki/G20" title="G20">G20</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:left; background:lavender;;color: var(--color-base)">Defunct bodies</div><div class="sidebar-list-content mw-collapsible-content" style="padding-top: 0; text-align: left;"> <ul><li><a href="/wiki/European_Communities" title="European Communities">European Communities</a> (1958–1993) <dl><dd><a href="/wiki/European_Coal_and_Steel_Community" title="European Coal and Steel Community">European Coal and Steel Community</a></dd> <dd><a href="/wiki/European_Economic_Community" title="European Economic Community">European Economic Community</a></dd></dl></li> <li><a href="/wiki/European_Community" class="mw-redirect" title="European Community">European Community</a></li> <li><a href="/wiki/Western_European_Union" title="Western European Union">Western European Union</a></li> <li><a href="/wiki/Convention_on_the_Future_of_Europe" title="Convention on the Future of Europe">Convention on the Future of Europe</a></li></ul></div></div></td> </tr><tr><td class="sidebar-below"> <span class="nowrap"><span class="mw-image-border noviewer" typeof="mw:File"><span><img alt="flag" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/32px-Flag_of_Europe.svg.png" decoding="async" width="32" height="21" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/48px-Flag_of_Europe.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/b/b7/Flag_of_Europe.svg/64px-Flag_of_Europe.svg.png 2x" data-file-width="810" data-file-height="540" /></span></span> </span><a href="/wiki/Portal:European_Union" title="Portal:European Union">European Union&#32;portal</a> <div class="hlist" style="text-align:center;font-weight:normal;"> <ul><li><a href="/wiki/Outline_of_political_science#Politics_by_region" title="Outline of political science">Other countries</a></li></ul> </div></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Politics_of_the_European_Union" title="Template:Politics of the European Union"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Politics_of_the_European_Union" title="Template talk:Politics of the European Union"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Politics_of_the_European_Union" title="Special:EditPage/Template:Politics of the European Union"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <div class="mw-heading mw-heading3"><h3 id="Early_developments">Early developments</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=2" title="Edit section: Early developments"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The idea of an <a href="/wiki/Economic_and_monetary_union" title="Economic and monetary union">economic and monetary union</a> in Europe was first raised well before establishing the <a href="/wiki/European_Communities" title="European Communities">European Communities</a>. For example, the <a href="/wiki/Latin_Monetary_Union" title="Latin Monetary Union">Latin Monetary Union</a> existed from 1865 to 1927.<sup id="cite_ref-bolton_3-0" class="reference"><a href="#cite_note-bolton-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-Pollard_4-0" class="reference"><a href="#cite_note-Pollard-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> In the <a href="/wiki/League_of_Nations" title="League of Nations">League of Nations</a>, <a href="/wiki/Gustav_Stresemann" title="Gustav Stresemann">Gustav Stresemann</a> asked in 1929 for a European currency<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">&#91;</span>5<span class="cite-bracket">&#93;</span></a></sup> against the background of an increased economic division due to a number of new nation states in Europe after World War I. </p><p>In 1957 at the <a href="/wiki/European_Forum_Alpbach" title="European Forum Alpbach">European Forum Alpbach</a>, <a href="/wiki/De_Nederlandsche_Bank" title="De Nederlandsche Bank">De Nederlandsche Bank</a> Governor Marius Holtrop argued that a common central-bank policy was necessary in a unified Europe, but his subsequent advocacy of a coordinated initiative by the European Community's central banks was met with skepticism from the heads of the <a href="/wiki/National_Bank_of_Belgium" title="National Bank of Belgium">National Bank of Belgium</a>, <a href="/wiki/Bank_of_France" title="Bank of France">Bank of France</a> and <a href="/wiki/Deutsche_Bundesbank" title="Deutsche Bundesbank">Deutsche Bundesbank</a>.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">&#91;</span>6<span class="cite-bracket">&#93;</span></a></sup> </p><p>A first concrete attempt to create an economic and monetary union between the members of the <a href="/wiki/European_Communities" title="European Communities">European Communities</a> goes back to an initiative by the <a href="/wiki/European_Commission" title="European Commission">European Commission</a> in 1969, which set out the need for "greater co-ordination of economic policies and monetary cooperation,"<sup id="cite_ref-7" class="reference"><a href="#cite_note-7"><span class="cite-bracket">&#91;</span>7<span class="cite-bracket">&#93;</span></a></sup> which was followed by the decision of the Heads of State or Government at their summit meeting in <a href="/wiki/The_Hague" title="The Hague">The Hague</a> in 1969 to draw up a plan by stages with a view to creating an economic and monetary union by the end of the 1970s. </p><p>On the basis of various previous proposals, an expert group chaired by Luxembourg's Prime Minister and Finance Minister, <a href="/wiki/Pierre_Werner" title="Pierre Werner">Pierre Werner</a>, presented in October 1970 the first commonly agreed blueprint to create an economic and monetary union in three stages (Werner plan). The project experienced serious setbacks from the crises arising from the non-convertibility of the US dollar into gold in August 1971 (i.e., the collapse of the <a href="/wiki/Bretton_Woods_System" class="mw-redirect" title="Bretton Woods System">Bretton Woods System</a>) and from rising oil prices in 1972. An attempt to limit the fluctuations of European currencies, using a <i><a href="/wiki/Snake_in_the_tunnel" title="Snake in the tunnel">snake in the tunnel</a></i>, failed. </p> <div class="mw-heading mw-heading3"><h3 id="Delors_Report">Delors Report</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=3" title="Edit section: Delors Report"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Delors_Committee" title="Delors Committee">Delors Committee</a></div> <p>The debate on EMU was fully re-launched at the Hannover Summit in June 1988, when the ad hoc <a href="/wiki/Delors_Committee" title="Delors Committee">Delors Committee</a> of the central bank governors of the twelve member states, chaired by the President of the <a href="/wiki/European_Commission" title="European Commission">European Commission</a>, <a href="/wiki/Jacques_Delors" title="Jacques Delors">Jacques Delors</a>, was asked to propose a new timetable with clear, practical and realistic steps for creating an economic and monetary union.<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">&#91;</span>8<span class="cite-bracket">&#93;</span></a></sup> This way of working was derived from the <a href="/wiki/Spaak_method" title="Spaak method">Spaak method</a>. </p><p>The Delors report of 1989 set out a plan to introduce the EMU in three stages and it included the creation of institutions like the <a href="/wiki/European_System_of_Central_Banks" title="European System of Central Banks">European System of Central Banks</a> (ESCB), which would become responsible for formulating and implementing monetary policy.<sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">&#91;</span>9<span class="cite-bracket">&#93;</span></a></sup> </p><p>The three stages for the implementation of the EMU were the following: </p> <div class="mw-heading mw-heading3"><h3 id="Stage_One:_1_July_1990_to_31_December_1993">Stage One: 1 July 1990 to 31 December 1993</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=4" title="Edit section: Stage One: 1 July 1990 to 31 December 1993"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>On 1 July 1990, exchange controls are abolished, thus capital movements are completely liberalised in the <a href="/wiki/European_Economic_Community" title="European Economic Community">European Economic Community</a>.</li> <li>The <a href="/wiki/Treaty_of_Maastricht" class="mw-redirect" title="Treaty of Maastricht">Treaty of Maastricht</a> in 1992 establishes the completion of the EMU as a formal objective and sets a number of economic <a href="/wiki/Convergence_criteria" class="mw-redirect" title="Convergence criteria">convergence criteria</a>, concerning the inflation rate, public finances, interest rates and exchange rate stability.</li> <li>The treaty enters into force on 1 November 1993.</li></ul> <div class="mw-heading mw-heading3"><h3 id="Stage_Two:_1_January_1994_to_31_December_1998">Stage Two: 1 January 1994 to 31 December 1998</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=5" title="Edit section: Stage Two: 1 January 1994 to 31 December 1998"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>The <a href="/wiki/European_Monetary_Institute" title="European Monetary Institute">European Monetary Institute</a> is established as the forerunner of the European Central Bank, with the task of strengthening monetary cooperation between the member states and their national banks, as well as supervising ECU banknotes.</li> <li>On 16 December 1995, details such as the name of the new currency (the <a href="/wiki/Euro" title="Euro">euro</a>) as well as the duration of the transition periods are decided.</li> <li>On 16–17 June 1997, the <a href="/wiki/European_Council" title="European Council">European Council</a> decides at Amsterdam to adopt the <a href="/wiki/Stability_and_Growth_Pact" title="Stability and Growth Pact">Stability and Growth Pact</a>, designed to ensure budgetary discipline after creation of the euro, and a new exchange rate mechanism (ERM II) is set up to provide stability above the euro and the national currencies of countries that haven't yet entered the eurozone.</li> <li>On 3 May 1998, at the European Council in Brussels, the 11 initial countries that will participate in the third stage from 1 January 1999 are selected.</li> <li>On 1 June 1998, the <a href="/wiki/European_Central_Bank" title="European Central Bank">European Central Bank</a> (ECB) is created, and on 31 December 1998, the conversion rates between the 11 participating national currencies and the euro are established.</li></ul> <div class="mw-heading mw-heading3"><h3 id="Stage_Three:_1_January_1999_and_continuing">Stage Three: 1 January 1999 and continuing</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=6" title="Edit section: Stage Three: 1 January 1999 and continuing"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li>From the start of 1999, the euro is now a real currency, and a single monetary policy is introduced under the authority of the ECB. A three-year transition period begins before the introduction of actual <a href="/wiki/Euro_notes" class="mw-redirect" title="Euro notes">euro notes</a> and <a href="/wiki/Euro_coins" title="Euro coins">coins</a>, but legally the national currencies have already ceased to exist.</li> <li>On 1 January 2001, Greece joins the third stage of the EMU.</li> <li>On 1 January 2002, the euro notes and coins are introduced.</li> <li>On 1 January 2007, Slovenia joins the third stage of the EMU.</li> <li>On 1 January 2008, Cyprus and Malta join the third stage of the EMU.</li> <li>On 1 January 2009, Slovakia joins the third stage of the EMU.</li> <li>On 1 January 2011, Estonia joins the third stage of the EMU.</li> <li>On 1 January 2014, Latvia joins the third stage of the EMU.</li> <li>On 1 January 2015, Lithuania joins the third stage of the EMU.</li> <li>On 1 January 2023, Croatia joins the third stage of the EMU.</li></ul> <div class="mw-heading mw-heading2"><h2 id="Criticism">Criticism</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=7" title="Edit section: Criticism"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>There have been debates as to whether the Eurozone countries constitute an <a href="/wiki/Optimum_currency_area" title="Optimum currency area">optimum currency area</a>.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">&#91;</span>10<span class="cite-bracket">&#93;</span></a></sup> </p><p>There has also been significant doubt if all eurozone states really fulfilled a "high degree of sustainable convergence" as demanded by the Maastricht treaty as condition to join the Euro without getting into financial trouble later on.<sup class="noprint Inline-Template Template-Fact" style="white-space:nowrap;">&#91;<i><a href="/wiki/Wikipedia:Citation_needed" title="Wikipedia:Citation needed"><span title="This claim needs references to reliable sources. (May 2019)">citation needed</span></a></i>&#93;</sup> </p> <div class="mw-heading mw-heading3"><h3 id="Monetary_policy_inflexibility">Monetary policy inflexibility</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=8" title="Edit section: Monetary policy inflexibility"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236090951"><div role="note" class="hatnote navigation-not-searchable">Further information: <a href="/wiki/European_debt_crisis" title="European debt crisis">European debt crisis</a> and <a href="/wiki/Optimum_currency_area" title="Optimum currency area">Optimum currency area</a></div> <p>Since membership of the eurozone establishes a single <a href="/wiki/Monetary_policy" title="Monetary policy">monetary policy</a> and essentially use of a 'foreign currency' for the respective states, they can no longer use an isolated national monetary policy as an economic tool within their central banks. Nor can they issue money to finance any required government deficits or pay interest on government bond sales. All this is effected centrally from the ECB. As a consequence, if member states do not manage their economy in a way that they can show a fiscal discipline (as they were obliged by the Maastricht treaty), the mechanism means a member state could effectively 'run out of money' to finance spending. This is characterized as a sovereign debt crisis where a country is without the possibility of refinancing itself with a sovereign currency. This is what happened to Greece, Ireland, Portugal, Cyprus, and Spain.<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">&#91;</span>11<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Plans_for_reformed_Economic_and_Monetary_Union">Plans for reformed Economic and Monetary Union</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=9" title="Edit section: Plans for reformed Economic and Monetary Union"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Being of the opinion that the pure austerity course was not able to solve the Euro-crisis, French President <a href="/wiki/Fran%C3%A7ois_Hollande" title="François Hollande">François Hollande</a> reopened the debate about a reform of the architecture of the <a href="/wiki/Eurozone" title="Eurozone">Eurozone</a>. The intensification of work on plans to complete the existing EMU in order to correct its economic errors and social upheavals soon introduced the keyword "genuine" EMU.<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">&#91;</span>12<span class="cite-bracket">&#93;</span></a></sup> At the beginning of 2012, a proposed correction of the defective <a href="/wiki/Maastricht_Treaty" title="Maastricht Treaty">Maastricht</a> currency architecture comprising: <i>introduction of a fiscal capacity of the <a href="/wiki/European_Union" title="European Union">EU</a>, common debt management and a completely integrated banking union</i>, appeared unlikely to happen.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">&#91;</span>13<span class="cite-bracket">&#93;</span></a></sup> Additionally, there were widespread fears that a process of strengthening the Union's power to intervene in eurozone member states and to impose flexible labour markets and flexible wages, might constitute a serious threat to Social Europe.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">&#91;</span>14<span class="cite-bracket">&#93;</span></a></sup> In the negotiation process, member states advocated different solutions depending on their political and political characteristics, while the result was a broad compromise.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">&#91;</span>15<span class="cite-bracket">&#93;</span></a></sup><sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">&#91;</span>16<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="First_EMU_reform_plan_(2012–2015)"><span id="First_EMU_reform_plan_.282012.E2.80.932015.29"></span>First EMU reform plan (2012–2015)</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=10" title="Edit section: First EMU reform plan (2012–2015)"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In December 2012, at the height of the <a href="/wiki/European_debt_crisis" title="European debt crisis">European sovereign debt crisis</a>, which revealed a number of weaknesses in the architecture of the EMU, a report entitled <i>"Towards a genuine Economic and Monetary Union"</i> was issued by the four presidents of the Council, European Commission, ECB and Eurogroup. The report outlined the following roadmap for implementing actions being required to ensure the stability and integrity of the EMU:<sup id="cite_ref-2012_plan_for_a_genuine_EMU_17-0" class="reference"><a href="#cite_note-2012_plan_for_a_genuine_EMU-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup> </p> <table class="wikitable"> <tbody><tr> <th width="8%">Roadmap<sup id="cite_ref-2012_plan_for_a_genuine_EMU_17-1" class="reference"><a href="#cite_note-2012_plan_for_a_genuine_EMU-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup></th> <th width="51%">Action plan<sup id="cite_ref-2012_plan_for_a_genuine_EMU_17-2" class="reference"><a href="#cite_note-2012_plan_for_a_genuine_EMU-17"><span class="cite-bracket">&#91;</span>17<span class="cite-bracket">&#93;</span></a></sup></th> <th width="41%">Status as of June 2015 </th></tr> <tr> <th rowspan="5">Stage 1: Ensuring fiscal sustainability and breaking the costly link between banks and sovereigns<br /><span style="font-size:85%;">(2012–13)</span> </th> <td>Framework for fiscal governance shall be completed through implementation of: <a href="/wiki/Six_Pack_(European_Union_law)" class="mw-redirect" title="Six Pack (European Union law)">Six-Pack</a>, <a href="/wiki/European_Fiscal_Compact" title="European Fiscal Compact">Fiscal Compact</a>, and <a href="/wiki/Two-pack_(European_Union_law)" class="mw-redirect" title="Two-pack (European Union law)">Two-Pack</a>.</td> <td>Point fully achieved through entry into force of the Six‑Pack in December 2011, Fiscal Compact in January 2013 and Two‑Pack in May 2013. </td></tr> <tr> <td>Establish a framework for systematic Ex Ante Coordination of major economic policy reforms <span style="font-size:85%;">(as per Article 11 of the <a href="/wiki/Treaty_on_Stability,_Coordination_and_Governance" class="mw-redirect" title="Treaty on Stability, Coordination and Governance">Treaty on Stability, Coordination and Governance</a>)</span>.</td> <td>A pilot project was conducted in June 2014, which recommended the design of the yet to be developed Ex Ante Coordination (EAC) framework, should be complementary to the instruments already in use as part of the <a href="/wiki/European_Semester" class="mw-redirect" title="European Semester">European Semester</a>, and should be based on the principle of "voluntary participation and non-binding outcome". Meaning the end result of an EAC should not be a final dictate, but instead just an early delivered politically approved non-binding "advisory note" put forward to the national parliament, which then can be taken into consideration, as part of their process on improving and finalizing the design of their major economic reform in the making.<sup id="cite_ref-EAC_of_major_economic_policy_reforms_(pilot_project)_18-0" class="reference"><a href="#cite_note-EAC_of_major_economic_policy_reforms_(pilot_project)-18"><span class="cite-bracket">&#91;</span>18<span class="cite-bracket">&#93;</span></a></sup> </td></tr> <tr> <td>Establish <a href="/wiki/European_Banking_Supervision" title="European Banking Supervision">European Banking Supervision</a> as a first element of the <a href="/wiki/Banking_union_of_the_European_Union" class="mw-redirect" title="Banking union of the European Union">Banking union of the European Union</a>, and ensure the proposed <a href="/wiki/Capital_Requirements_Directive" class="mw-redirect" title="Capital Requirements Directive">Capital Requirements Directive and Regulation</a> (CRD‑IV/CRR) will enter into force.</td> <td>This point was fully achieved, when CRD‑IV/CRR entered into force in July 2013 and European Banking Supervision became operational in November 2014. </td></tr> <tr> <td>Agreement on the harmonisation of national resolution and deposit guarantee frameworks, so that the financial industry across all countries contribute appropriately under the same set of rules.</td> <td>This point has now been fully achieved, through the <i>Bank Recovery and Resolution Directive <span style="font-size:85%;">(BRRD; Directive 2014/59/EU of 15 May 2014)</span></i> which established a common harmonized framework for the recovery and resolution of credit institutions and investment firms found to be in danger of failing, and through the <i>Deposit Guarantee Scheme Directive <span style="font-size:85%;">(DGSD; Directive 2014/49/EU of 16 April 2014)</span></i> which regulates <a href="/wiki/Deposit_insurance" title="Deposit insurance">deposit insurance</a> in case of a bank's inability to pay its debts. </td></tr> <tr> <td>Establish a new operational framework under the auspice of the <a href="/wiki/European_Stability_Mechanism" title="European Stability Mechanism">European Stability Mechanism</a> (ESM), for conducting "direct bank recapitalization" between the ESM rescue fund and a country-specific systemic bank in critical need, so that the general government of the country in which the beneficiary is situated won't be involved as a guaranteeing debtor on behalf of the bank. This proposed new instrument, would be contrary to the first framework made available by ESM for "bank recapitalizations" <span style="font-size:85%;">(utilized by Spain in 2012–13)</span>, which required the general government to step in as a guaranteeing debtor on behalf of its beneficiary banks – with the adverse impact of burdening their gross <a href="/wiki/Debt-to-GDP_ratio" title="Debt-to-GDP ratio">debt-to-GDP ratio</a>.</td> <td>ESM made the proposed "direct bank recapitalization" framework operational starting from December 2014, as a new novel ultimate backstop instrument for <a href="/wiki/List_of_systemically_important_banks" title="List of systemically important banks">systemic banks</a> in their recovery/resolution phase, if such banks will be found in need to receive additional recapitalization funds after conducted bail-in by private creditors and regulated payment by the <a href="/wiki/Single_Resolution_Fund" class="mw-redirect" title="Single Resolution Fund">Single Resolution Fund</a>.<sup id="cite_ref-Direct_Recapitalisation_Instrument_19-0" class="reference"><a href="#cite_note-Direct_Recapitalisation_Instrument-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> </td></tr> <tr> <th rowspan="2">Stage 2: Completing the integrated financial framework and promoting sound structural policies<br /><span style="font-size:85%;">(2013–14)</span> </th> <td>Complete the <a href="/wiki/Banking_union_of_the_European_Union" class="mw-redirect" title="Banking union of the European Union">Banking union of the European Union</a>, by establishing the <a href="/wiki/Single_Resolution_Mechanism" title="Single Resolution Mechanism">Single Resolution Mechanism</a> (SRM) as a common resolution authority and setting up the <a href="/wiki/Single_Resolution_Fund" class="mw-redirect" title="Single Resolution Fund">Single Resolution Fund</a> (SRF) as an appropriate financial backstop.</td> <td>SRM was established in January 2015, SRF started working from January 2016. </td></tr> <tr> <td>Establish a new "mechanism for stronger coordination, convergence and enforcement of structural policies based on arrangements of a contractual nature between Member States and EU institutions on the policies countries commit to undertake and on their implementation". The envisaged <u>contractual arrangements</u> "could be supported with temporary, targeted and flexible financial support", although if such support is granted it "should be treated separately from the multiannual financial framework".</td> <td><i>Status unknown.<br /> <span style="font-size:85%;">(mentioned as part of stage 2 in the updated 2015 reform plan)</span></i> </td></tr> <tr> <th rowspan="2">Stage 3: Improving the resilience of EMU through the creation of a shock-absorption function at the central level<br /><span style="font-size:85%;">(2015 and later)</span> </th> <td>"Establish a well-defined and limited fiscal capacity to improve the absorption of country-specific economic shocks, through an insurance system set up at the central level." Such fiscal capacity would reinforce the resilience of the eurozone, and is envisaged to be complementary to the "contractual arrangements" created in stage 2. The idea is to establish it as a built-in incentives-based system, so that eurozone Member States eligible for participation in this centralized asymmetrically working <u>"economic shock-absorption function"</u> are encouraged to continue implementing sound fiscal policy and structural reforms in accordance with their "contractual obligations", making these two new instruments intrinsically linked and mutually reinforcing.</td> <td><i>Status unknown.<br /> <span style="font-size:85%;">(mentioned as part of stage 2 in the updated 2015 reform plan)</span></i> </td></tr> <tr> <td>Establish an increasing degree of <u>"common decision-making on national budgets"</u> and an <u>"enhanced coordination of economic policies"</u>. A subject to "enhanced coordination", could in example be the specific taxation and employment policies implemented by the <i>National Job Plan</i> of each Member State <span style="font-size:85%;">(published as part of their annual <i>National Reform Programme</i>)</span>.</td> <td><i>Status unknown.<br /> <span style="font-size:85%;">(mentioned as part of stage 2 in the updated 2015 reform plan)</span></i> </td></tr></tbody></table> <div class="mw-heading mw-heading3"><h3 id="Second_EMU_reform_plan_(2015–2025):_The_Five_Presidents'_Report"><span id="Second_EMU_reform_plan_.282015.E2.80.932025.29:_The_Five_Presidents.27_Report"></span>Second EMU reform plan (2015–2025): The Five Presidents' Report</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=11" title="Edit section: Second EMU reform plan (2015–2025): The Five Presidents&#039; Report"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In June 2015, a follow-up report entitled <i>"Completing Europe's Economic and Monetary Union"</i> (often referred to as the <i><a rel="nofollow" class="external text" href="https://ec.europa.eu/priorities/publications/five-presidents-report-completing-europes-economic-and-monetary-union_en">"Five Presidents Report"</a></i>) was issued by the presidents of the <a href="/wiki/European_Council" title="European Council">Council</a>, <a href="/wiki/European_Commission" title="European Commission">European Commission</a>, <a href="/wiki/European_Central_Bank" title="European Central Bank">ECB</a>, <a href="/wiki/Eurogroup" title="Eurogroup">Eurogroup</a> and <a href="/wiki/European_Parliament" title="European Parliament">European Parliament</a>. The report outlined a roadmap for further deepening of the EMU, meant to ensure a smooth functioning of the currency union and to allow the member states to be better prepared for adjusting to global challenges:<sup id="cite_ref-Completing_the_EMU_20-0" class="reference"><a href="#cite_note-Completing_the_EMU-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup> </p> <ul><li><b>Stage 1 (July 2015 – June 2017):</b> The EMU should be made more resilient by building on existing instruments and making the best possible use of the existing Treaties. In other words, "deepening by doing". This first stage comprise implementation of the following eleven working points.</li></ul> <ol><li>Deepening the Economic Union by ensuring a new boost to convergence, jobs and growth across the entire eurozone. This shall be achieved by: <ul><li>Creation of a eurozone system of Competitiveness Authorities:<br /> <span style="font-size:85%;">Each eurozone state shall (like Belgium and Netherlands already did) create an independent national body in charge of tracking its <i>competitiveness performance and policies for improving competitiveness</i>. The proposed "Eurozone system of Competitiveness Authorities" would bring together these national bodies and the Commission, which on an annual basis would coordinate the "recommendation for actions" being issued by the national Competitiveness Authorities.</span></li> <li>Strengthened implementation of the <a href="/wiki/Macroeconomic_Imbalance_Procedure" title="Macroeconomic Imbalance Procedure">Macroeconomic Imbalance Procedure</a>:<br /> <span style="font-size:85%;">(A) Its corrective arm (<a href="/wiki/Excessive_Imbalance_Procedure" class="mw-redirect" title="Excessive Imbalance Procedure">Excessive Imbalance Procedure</a>) is currently only triggered if excessive imbalances are identified while the state subsequently also fails to deliver a National Reform Programme sufficiently addressing the found imbalances, and the <i>reform implementation surveillance reports</i> published for states with excessive imbalance but without EIP only work as a non-legal peer-pressure instrument.<sup id="cite_ref-Review_of_the_6-pack_and_2-pack_legislation_21-0" class="reference"><a href="#cite_note-Review_of_the_6-pack_and_2-pack_legislation-21"><span class="cite-bracket">&#91;</span>21<span class="cite-bracket">&#93;</span></a></sup> In the future, the <u>EIP should be triggered as soon as excessive imbalances are identified</u>, so that the Commission more forcefully within this legal framework can require implementation of structural reforms - followed by a period of extended reform implementation surveillance in which continued incompliance can be sanctioned.<br /> (B) The Macroeconomic Imbalance Procedure should also <u>better capture imbalances (external deficits) for the eurozone as a whole</u> - not just for each individual country, and also <u>require implementation of reforms in countries accumulating large and sustained <a href="/wiki/Current_account_surplus" class="mw-redirect" title="Current account surplus">current account surpluses</a></u> (if caused by insufficient domestic demand or low growth potential).</span></li> <li>Greater focus on employment and social performance in the European Semester:<br /> <span style="font-size:85%;">There is no "one-size-fits-all" standard template to follow, meaning that no harmonized specific minimum standards are envisaged to be set up as compliance requirements in this field. But as the challenges often are similar across Member States, their performance and progress on the following indicators could be monitored in the future as part of the annual European Semester: (A) Getting more people of all ages into work; (B) Striking the right balance between flexible and secure labour contracts; (C) Avoiding the divide between "labor market insiders" with high protection and wages and "labor market outsiders"; (D) Shifting taxes away from labour; (E) Delivering tailored support for the unemployed to re-enter the labour market; (F) Improving education and lifelong learning; (G) Ensure that every citizen has access to an adequate education; (H) Ensure that an effective social protection system and "<a href="/wiki/Social_protection_floor" title="Social protection floor">social protection floor</a>" are in place to protect the most vulnerable in society; (I) Implementation of major reforms to ensure pension and health systems can continue functioning in a socially just way while coping with the rising economic expenditure pressures stemming from the rapidly ageing populations in Europe - in example by aligning the retirement age with life expectancy.</span></li> <li>Stronger coordination of economic policies within a revamped European Semester:<br /><span style="font-size:85%;">(A) The Country-Specific Recommendations which are already in place as part of the European Semester, need to focus more on "priority reforms", and shall be more concrete in regards of their expected outcome and time-frame for delivery (while still granting the Member State political maneuver room on how the exact measures shall be designed and implemented).<br />(B) Periodic reporting on national reform implementation, regular peer reviews or a "comply-or-explain" approach should be used more systematically to hold the Member States accountable for the delivery of their National Reform Programme commitments. The Eurogroup could also play a coordinating role in cross-examining performance, with increased focus on benchmarking and pursuing best practices within the Macroeconomic Imbalance Procedure (MIP) framework.<br />(C) The annual cycle of the European Semester should be supplemented by a stronger multi-annual approach in line with the renewed convergence process.</span></li> <li>Completing and fully exploiting the <a href="/wiki/Single_market_of_the_European_Union" class="mw-redirect" title="Single market of the European Union">Single Market</a> by creating an <a href="/wiki/Energy_Union" class="mw-redirect" title="Energy Union">Energy Union</a> and <a href="/w/index.php?title=Digital_Market_Union&amp;action=edit&amp;redlink=1" class="new" title="Digital Market Union (page does not exist)">Digital Market Union</a>.</li></ul></li> <li>Complete construction of the <a href="/wiki/Banking_union_of_the_European_Union" class="mw-redirect" title="Banking union of the European Union">Banking union of the European Union</a>. This shall be achieved by: <ul><li>Setting up a bridge financing mechanism for the <a href="/wiki/Single_Resolution_Fund" class="mw-redirect" title="Single Resolution Fund">Single Resolution Fund</a> (SRF):<br /> <span style="font-size:85%;">Building up SRF with sufficient funds, is an ongoing process to be conducted through eight years of annual contributions made by the financial sector, as regulated by the <i>Bank Recovery and Resolution Directive</i>. The bridge financing mechanism is envisaged to be made available as a supplementing instrument, in order to make SRF capable straight from the first day it becomes operational (1 January 2016) to conduct potential large scale immediate transfers for resolution of financial institutions in critical need. The mechanism will only exist temporarily, until a certain level of funds have been collected by SRF.</span></li> <li>Implementing concrete steps towards the common backstop to the SRF:<br /> <span style="font-size:85%;">An ultimate common backstop should also be established to the SRF, for the purpose of handling rare severe crisis events featuring a total amount of resolution costs beyond the capacity of the funds held by SRF. This could be done through the issue of an <i>ESM financial credit line</i> to SRF, with any potential draws from this extra standby arrangement being conditioned on simultaneous implementation of extra ex-post levies on the financial industry, to ensure full repayment of the drawn funds to ESM over a medium-term horizon.</span></li> <li>Agreeing on a common <a href="/w/index.php?title=European_Deposit_Insurance_Scheme&amp;action=edit&amp;redlink=1" class="new" title="European Deposit Insurance Scheme (page does not exist)">European Deposit Insurance Scheme</a> (EDIS):<br /><span style="font-size:85%;">A new common deposit insurance would be less vulnerable than the current <i>national deposit guarantee schemes</i>, towards eruption of local shocks (in particular when both the sovereign and its national banking sector is perceived by the market to be in a fragile situation). It would also carry less risk for needing injection of additional public money to service its payment of deposit guarantees in the event of severe crisis, as failing risks would be spread more widely across all member states while its private sector funds would be raised over a much larger pool of financial institutions. EDIS would just like the national deposit guarantee schemes be privately funded through ex ante risk-based fees paid by all the participating banks in the Member States, and be devised in a way that would prevent moral hazard. Establishment of a fully-fledged EDIS will take time. A possible option would be to devise the EDIS as a re-insurance system at the European level for the national deposit guarantee schemes.</span></li> <li>Improving the effectiveness of the instrument for <i>direct bank recapitalisation</i> in the <a href="/wiki/European_Stability_Mechanism" title="European Stability Mechanism">European Stability Mechanism</a>:<br /> <span style="font-size:85%;">The ESM instrument for <i>direct bank recapitalisation</i> was launched in December 2014,<sup id="cite_ref-Direct_Recapitalisation_Instrument_19-1" class="reference"><a href="#cite_note-Direct_Recapitalisation_Instrument-19"><span class="cite-bracket">&#91;</span>19<span class="cite-bracket">&#93;</span></a></sup> but should soon be reviewed for the purpose of loosening its restrictive eligibility criteria (currently it only applies for <a href="/wiki/List_of_systemically_important_banks" title="List of systemically important banks">systemically important banks</a> of countries unable to function as alternative backstop themselves without endangering their fiscal stability), while there should be made no change to the current requirement for a prior <i>resolution bail-in by private creditors</i> and <i>regulated SRF payment for resolution costs</i> first to be conducted before the instrument becomes accessible.</span></li></ul></li> <li>Launch a new <a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">Capital Markets Union</a> (CMU): <dl><dd>The European Commission has published a <a href="/wiki/Green_paper" title="Green paper">green paper</a> describing how they envisage to build a new <a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">Capital Markets Union</a> (CMU),<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">&#91;</span>22<span class="cite-bracket">&#93;</span></a></sup> and will publish a more concrete action plan for how to achieve it in September 2015. The CMU is envisaged to include all 28 EU Members and to be fully build by 2019. Its construction will: <dl><dd>(A) <u>Improve access to financing</u> for all businesses across Europe and investment projects, in particular start-ups, SMEs and long-term projects.</dd> <dd>(B) <u>Increase and diversify the sources of funding</u> from investors in the EU and all over the world, so that companies (including SMEs) in addition to the already available bank credit lending also can tap capital markets through alternative funding sources that better suits them.</dd> <dd>(C) <u>Make the capital markets work more effectively</u> by connecting investors and those who need funding more efficiently, both within Member States and cross-border.</dd> <dd>(D) <u>Make the capital markets more shock resilient</u> by pooling cross-border private risk-sharing through a deepening integration of bond and equity markets, hereby also protecting it better against the risk for systemic shocks in the national financial sector.</dd></dl></dd> <dd>The establishment of the CMU, is envisaged at the same time to require a <u>strengthening of the available tools to manage systemic risks of financial players prudently</u> (macro-prudential toolkit), and a <u>strengthening of the supervisory framework for financial actors</u> to ensure their solidity and that they have sufficient risk management structures in place (ultimately leading to the launch of a new single European capital markets supervisor). <u>A harmonized taxation scheme for capital market activities</u>, could also play an important role in terms of providing a neutral treatment for different but comparable activities and investments across jurisdictions. A genuine CMU is envisaged also to require <u>update of EU legislation in the following four areas</u>: (A) Simplification of prospectus requirements; (B) Reviving the EU market for high quality securitisation; (C) Greater harmonisation of accounting and auditing practices; (D) Addressing the most important bottlenecks preventing the integration of capital markets in areas like insolvency law, company law, property rights and the legal enforceability of cross-border claims.</dd></dl></li> <li>Reinforce the <a href="/wiki/European_Systemic_Risk_Board" title="European Systemic Risk Board">European Systemic Risk Board</a>, so that it becomes capable of detecting risks to the financial sector as a whole.</li> <li>Launch a new advisory <a href="/wiki/European_Fiscal_Board" title="European Fiscal Board">European Fiscal Board</a>: <dl><dd><span style="font-size:85%;">This new independent advisory entity would coordinate and complement the work of the already established independent national fiscal advisory councils. The board would also provide a public and independent assessment, at European level, of how budgets – and their execution – perform against the economic objectives and recommendations set out in the EU fiscal framework. Its issued opinions and advice should feed into the decisions taken by the Commission in the context of the European Semester.</span></dd></dl></li> <li>Revamp the European Semester by reorganizing it to follow two consecutive stages. The first stage <span style="font-size:85%;">(stretching from November to February)</span> shall be devoted to the eurozone as a whole, and the second stage <span style="font-size:85%;">(stretching from March to July)</span> then subsequently feature a discussion of country specific issues.</li> <li>Strengthen parliamentary control as part of the European Semester. This shall be achieved by: <ul><li>Plenary debate at the European Parliament first on the Annual Growth Survey and then on the Country-Specific Recommendations.</li> <li>More systematic interactions between Commissioners and national Parliaments on Country-Specific Recommendations and on national budgets.</li> <li>More systematic consultation by governments of national Parliaments and social partners before submitting National Reform and Stability Programmes.</li></ul></li> <li>Increase the level of cooperation between the European Parliament and national Parliaments.</li> <li>Reinforce the steer of the <a href="/wiki/Eurogroup" title="Eurogroup">Eurogroup</a>: <dl><dd><span style="font-size:85%;">As the Eurogroup will step up its involvement and steering role in the revamped European Semester, a reinforcement of its presidency and provided means at its disposal, may be required.</span></dd></dl></li> <li>Take steps towards a consolidated external representation of the eurozone: <dl><dd><span style="font-size:85%;">The EU and the eurozone are still not represented as one voice in the international financial institutions (i.e. in <a href="/wiki/International_Monetary_Fund" title="International Monetary Fund">IMF</a>), which mean Europeans speak with a fragmented voice, leading to the EU punching below its political and economic weight. Although the building of consolidated external representation is desirable, it is envisaged to be a gradual process, with only the first steps to be taken in stage 1.</span></dd></dl></li> <li>Integrate intergovernmental agreements into the framework of EU law. This includes the <a href="/wiki/Treaty_on_Stability,_Coordination_and_Governance" class="mw-redirect" title="Treaty on Stability, Coordination and Governance">Treaty on Stability, Coordination and Governance</a>, the relevant parts of the <a href="/wiki/Euro_Plus_Pact" title="Euro Plus Pact">Euro Plus Pact</a>; and the Intergovernmental Agreement on the <a href="/wiki/Single_Resolution_Fund" class="mw-redirect" title="Single Resolution Fund">Single Resolution Fund</a>.</li></ol> <ul><li><b>Stage 2:</b> The achievements of the first stage would be consolidated. On basis of consultation with an expert group, the European Commission will publish a <a href="/wiki/White_paper" title="White paper">white paper</a> in Spring 2017, which will conduct an assessment of progress made in Stage 1, and outline in more details the next steps and measures needed for completion of the EMU in Stage 2. This second stage is currently envisaged to comprise:</li></ul> <ol><li>The intergovernmental <a href="/wiki/European_Stability_Mechanism" title="European Stability Mechanism">European Stability Mechanism</a> should be moved into becoming part of the EU treaty law applying automatically for all eurozone member states (something which is possible to do within existing paragraphs of the current EU treaty), in order to simplify and institutionalize its governance.</li> <li>More far-reaching measures <i>(i.e. commonly agreed "convergence benchmark standards" of a more binding legal nature, and a treasury for the eurozone)</i>, could also be agreed to complete the EMU's economic and institutional architecture, for the purpose of making the convergence process more binding.</li> <li>Significant progress towards these new common "convergence benchmark standards" <span style="font-size:85%;">(focusing primarily on labour markets, competitiveness, business environment, public administrations, and certain aspects of tax policy like i.e. the <a href="/wiki/Common_Consolidated_Corporate_Tax_Base" title="Common Consolidated Corporate Tax Base">corporate tax base</a>)</span> – and a continued adherence to them once they are reached – would need to be verified by regular monitoring and would be among the conditions for each eurozone Member State to meet in order to become eligible for participation in a new fiscal capacity referred to as the <i>"economic shock absorption mechanism"</i>, which will be established for the eurozone as a last element of this second stage. The fundamental idea behind the <i>"economic shock absorption mechanism"</i>, is that its conditional shock absorbing transfers shall be triggered long before there is a need for ESM to offer the country a conditional macroeconomic crisis support programme, but that the mechanism at the same time never shall result in permanent annual transfers - or income equalizing transfers - between countries. A first building block of this "economic shock absorption mechanism", could perhaps be establishment of a permanent version of the <a href="/wiki/European_Fund_for_Strategic_Investments" class="mw-redirect" title="European Fund for Strategic Investments">European Fund for Strategic Investments</a>, in which the tap by a country into the identified pool of financing sources and future strategic investment projects could be timed to occur upon the periodic eruption of downturns/shocks in its economic business cycle.</li> <li>Another important pre-condition for the launch of the "economic shock absorption mechanism", is expected to be, that the eurozone first establish an increasing degree of "common decision-making on national budgets" and an "enhanced coordination of economic policies" <span style="font-size:85%;">(i.e. of the specific taxation and employment policies implemented by the <i>National Job Plan</i> of each Member State - which is published as part of their annual <i>National Reform Programme</i>)</span>.</li></ol> <ul><li><b>Stage 3 (by 2025):</b> Reaching the final stage of "a deep and genuine EMU", by also considering the prospects of potential EU treaty changes.</li></ul> <p>All of the above three stages are envisaged to bring further progress on all four dimensions of the EMU:<sup id="cite_ref-Completing_the_EMU_20-1" class="reference"><a href="#cite_note-Completing_the_EMU-20"><span class="cite-bracket">&#91;</span>20<span class="cite-bracket">&#93;</span></a></sup> </p> <ol><li><b>Economic union:</b> Focusing on convergence, prosperity, and social cohesion.</li> <li><b>Financial union:</b> Completing the <a href="/wiki/Banking_union_of_the_European_Union" class="mw-redirect" title="Banking union of the European Union">Banking union of the European Union</a> and constructing a <a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">capital markets union</a>.</li> <li><b>Fiscal union:</b> Ensuring sound and integrated fiscal policies</li> <li><b>Political Union:</b> Enhancing democratic accountability, legitimacy and institutional strengthening of the EMU.</li></ol> <div class="mw-heading mw-heading3"><h3 id="Primary_sources">Primary sources</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=12" title="Edit section: Primary sources"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The Historical Archives of the <a href="/wiki/European_Central_Bank" title="European Central Bank">European Central Bank</a> published the minutes, reports and transcripts of the Committee for the Study of Economic and Monetary Union ('Delors Committee') in March 2020.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">&#91;</span>23<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=13" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">Capital Markets Union</a></li> <li><a href="/wiki/Banking_union_of_the_European_Union" class="mw-redirect" title="Banking union of the European Union">Banking union of the European Union</a></li> <li><a href="/wiki/Economy_of_the_European_Union" title="Economy of the European Union">Economy of the European Union</a></li> <li><a href="/wiki/European_Central_Bank" title="European Central Bank">European Central Bank</a></li> <li><a href="/wiki/European_System_of_Financial_Supervision" title="European System of Financial Supervision">European Supervisory Authorities</a></li> <li><a href="/wiki/European_Single_Market" class="mw-redirect" title="European Single Market">Internal Market</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=14" title="Edit section: Further reading"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite id="CITEREFSimonazziVianello2000" class="citation cs2">Simonazzi, Annamaria; <a href="/wiki/Fernando_Vianello" title="Fernando Vianello">Vianello, Fernando</a> (2000), "Italy towards European Monetary Union (and domestic socio-economic disunion)", in Moss, Bernard H.; Michie, Jonathan (eds.), <i>The single European currency in national perspective: a community in crisis?</i>, Basingstoke: Macmillan, <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9780333792933" title="Special:BookSources/9780333792933"><bdi>9780333792933</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=bookitem&amp;rft.atitle=Italy+towards+European+Monetary+Union+%28and+domestic+socio-economic+disunion%29&amp;rft.btitle=The+single+European+currency+in+national+perspective%3A+a+community+in+crisis%3F&amp;rft.place=Basingstoke&amp;rft.pub=Macmillan&amp;rft.date=2000&amp;rft.isbn=9780333792933&amp;rft.aulast=Simonazzi&amp;rft.aufirst=Annamaria&amp;rft.au=Vianello%2C+Fernando&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHacker2013" class="citation book cs1">Hacker, Björn (2013). <a rel="nofollow" class="external text" href="http://library.fes.de/pdf-files/id/ipa/10400.pdf"><i>On the way to a fiscal or a stability union? The plans for a "genuine" economic and monetary union</i></a> <span class="cs1-format">(PDF)</span>. Berlin: Friedrich-Ebert-Stiftung, Internat. Policy Analysis. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/9783864987465" title="Special:BookSources/9783864987465"><bdi>9783864987465</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=book&amp;rft.btitle=On+the+way+to+a+fiscal+or+a+stability+union%3F+The+plans+for+a+%22genuine%22+economic+and+monetary+union&amp;rft.place=Berlin&amp;rft.pub=Friedrich-Ebert-Stiftung%2C+Internat.+Policy+Analysis&amp;rft.date=2013&amp;rft.isbn=9783864987465&amp;rft.aulast=Hacker&amp;rft.aufirst=Bj%C3%B6rn&amp;rft_id=http%3A%2F%2Flibrary.fes.de%2Fpdf-files%2Fid%2Fipa%2F10400.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMilesDoherty2005" class="citation journal cs1">Miles, Lee; Doherty, Gabriel (March 2005). "The United Kingdom: a cautious euro-outsider". <i><a href="/wiki/Journal_of_European_Integration" title="Journal of European Integration">Journal of European Integration</a></i>. <b>27</b> (1): 89–109. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1080%2F07036330400030064">10.1080/07036330400030064</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a>&#160;<a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:154539276">154539276</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Journal+of+European+Integration&amp;rft.atitle=The+United+Kingdom%3A+a+cautious+euro-outsider&amp;rft.volume=27&amp;rft.issue=1&amp;rft.pages=89-109&amp;rft.date=2005-03&amp;rft_id=info%3Adoi%2F10.1080%2F07036330400030064&amp;rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A154539276%23id-name%3DS2CID&amp;rft.aulast=Miles&amp;rft.aufirst=Lee&amp;rft.au=Doherty%2C+Gabriel&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></li> <li><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHowarth2007" class="citation journal cs1">Howarth, David (March 2007). "The domestic politics of British policy on the Euro". <i><a href="/wiki/Journal_of_European_Integration" title="Journal of European Integration">Journal of European Integration</a></i>. <b>29</b> (1): 47–68. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1080%2F07036330601144409">10.1080/07036330601144409</a>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a>&#160;<a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:153678875">153678875</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=Journal+of+European+Integration&amp;rft.atitle=The+domestic+politics+of+British+policy+on+the+Euro&amp;rft.volume=29&amp;rft.issue=1&amp;rft.pages=47-68&amp;rft.date=2007-03&amp;rft_id=info%3Adoi%2F10.1080%2F07036330601144409&amp;rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A153678875%23id-name%3DS2CID&amp;rft.aulast=Howarth&amp;rft.aufirst=David&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=15" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBank2020" class="citation web cs1">Bank, European Central (10 July 2020). <a rel="nofollow" class="external text" href="https://www.ecb.europa.eu/ecb/history/emu/html/index.en.html">"Economic and Monetary Union"</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Economic+and+Monetary+Union&amp;rft.date=2020-07-10&amp;rft.aulast=Bank&amp;rft.aufirst=European+Central&amp;rft_id=https%3A%2F%2Fwww.ecb.europa.eu%2Fecb%2Fhistory%2Femu%2Fhtml%2Findex.en.html&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://economy-finance.ec.europa.eu/economic-and-monetary-union/what-economic-and-monetary-union-emu_en">"What is the Economic and Monetary Union? (EMU)"</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=What+is+the+Economic+and+Monetary+Union%3F+%28EMU%29&amp;rft_id=https%3A%2F%2Feconomy-finance.ec.europa.eu%2Feconomic-and-monetary-union%2Fwhat-economic-and-monetary-union-emu_en&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-bolton-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-bolton_3-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBolton2001" class="citation web cs1">Bolton, Sally (10 December 2001). <a rel="nofollow" class="external text" href="https://www.theguardian.com/world/2001/dec/10/euro.eu">"A history of currency unions"</a>. <i>guardian</i><span class="reference-accessdate">. Retrieved <span class="nowrap">26 February</span> 2012</span>. <q>France persuaded Belgium, Italy, Switzerland and Greece</q></cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=unknown&amp;rft.jtitle=guardian&amp;rft.atitle=A+history+of+currency+unions&amp;rft.date=2001-12-10&amp;rft.aulast=Bolton&amp;rft.aufirst=Sally&amp;rft_id=https%3A%2F%2Fwww.theguardian.com%2Fworld%2F2001%2Fdec%2F10%2Feuro.eu&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-Pollard-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-Pollard_4-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFPollard2005" class="citation book cs1">Pollard, John F. (2005). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=ppVxkjhwOKUC&amp;pg=PP1"><i>Money and the Rise of the Modern Papacy: Financing the Vatican, 1850–1950</i></a>. New York: Cambridge University Press. p.&#160;39. <a href="/wiki/ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&#160;<a href="/wiki/Special:BookSources/978-0-521-81204-7" title="Special:BookSources/978-0-521-81204-7"><bdi>978-0-521-81204-7</bdi></a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=book&amp;rft.btitle=Money+and+the+Rise+of+the+Modern+Papacy%3A+Financing+the+Vatican%2C+1850%E2%80%931950&amp;rft.place=New+York&amp;rft.pages=39&amp;rft.pub=Cambridge+University+Press&amp;rft.date=2005&amp;rft.isbn=978-0-521-81204-7&amp;rft.aulast=Pollard&amp;rft.aufirst=John+F.&amp;rft_id=https%3A%2F%2Fbooks.google.com%2Fbooks%3Fid%3DppVxkjhwOKUC%26pg%3DPP1&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/emu_history/documentation/chapter1/19290909fr06speechofgustavstresemann.pdf">Link</a></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFHarold_James2020" class="citation conference cs1">Harold James (2020). "The BIS and the European Monetary Experiment". In Claudio Borio; Stijn Claessens; Piet Clement; Robert McCauley; Hyun Song Shin (eds.). <i>Promoting Global Monetary and Financial Stability: The Bank for International Settlements after Bretton Woods, 1973-2020</i>. Cambridge University Press. p.&#160;13.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=conference&amp;rft.atitle=The+BIS+and+the+European+Monetary+Experiment&amp;rft.btitle=Promoting+Global+Monetary+and+Financial+Stability%3A+The+Bank+for+International+Settlements+after+Bretton+Woods%2C+1973-2020&amp;rft.pages=13&amp;rft.pub=Cambridge+University+Press&amp;rft.date=2020&amp;rft.au=Harold+James&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-7">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/emu_history/documentation/chapter2/19690212en015coordineconpoli.pdf">Barre Report</a></span> </li> <li id="cite_note-8"><span class="mw-cite-backlink"><b><a href="#cite_ref-8">^</a></b></span> <span class="reference-text">Verdun A., The role of the Delors Committee in the creation of EMU: an epistemic community?, Journal of European Public Policy, Volume 6, Number 2, 1 June 1999, pp. 308–328(21)</span> </li> <li id="cite_note-9"><span class="mw-cite-backlink"><b><a href="#cite_ref-9">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/publications/publication6161_en.pdf">Delors Report</a></span> </li> <li id="cite_note-10"><span class="mw-cite-backlink"><b><a href="#cite_ref-10">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://www.nytimes.com/2008/05/01/world/europe/01euro.html?em&amp;ex=1209787200&amp;en=b4888c7172ee5774&amp;ei=5087%0A">"As Euro Nears 10, Cracks Emerge in Fiscal Union"</a> (<i><a href="/wiki/The_New_York_Times" title="The New York Times">The New York Times</a></i>, 1 May 2008)</span> </li> <li id="cite_note-11"><span class="mw-cite-backlink"><b><a href="#cite_ref-11">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.project-syndicate.org/commentary/feldstein43/English">"Project Syndicate-Martin Feldstein-The French Don't Get It-December 2011"</a>. Project-syndicate.org. 28 December 2011<span class="reference-accessdate">. Retrieved <span class="nowrap">14 May</span> 2012</span>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Project+Syndicate-Martin+Feldstein-The+French+Don%27t+Get+It-December+2011&amp;rft.pub=Project-syndicate.org&amp;rft.date=2011-12-28&amp;rft_id=http%3A%2F%2Fwww.project-syndicate.org%2Fcommentary%2Ffeldstein43%2FEnglish&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text">Hacker, Björn (2013): On the Way to a Fiscal or a Stability Union? The Plans for a »Genuine«&#160;Economic and Monetary Union, FES, online at: <a rel="nofollow" class="external free" href="http://library.fes.de/pdf-files/id/ipa/10400.pdf">http://library.fes.de/pdf-files/id/ipa/10400.pdf</a></span> </li> <li id="cite_note-13"><span class="mw-cite-backlink"><b><a href="#cite_ref-13">^</a></b></span> <span class="reference-text">Busch, Klaus (April 2012): Is the Euro Failing? Structural Problems and Policy Failures Bringing Europe to the Brink, FES, online at: <a rel="nofollow" class="external free" href="http://library.fes.de/pdf-files/id/ipa/09034.pdf">http://library.fes.de/pdf-files/id/ipa/09034.pdf</a></span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text">Janssen, Ronald (2013): A Social Dimension for a Genuine Economic Union, SEJ, online at: <a rel="nofollow" class="external free" href="http://www.social-europe.eu/2013/03/a-social-dimension-for-a-genuine-economic-union/">http://www.social-europe.eu/2013/03/a-social-dimension-for-a-genuine-economic-union/</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20131219023659/http://www.social-europe.eu/2013/03/a-social-dimension-for-a-genuine-economic-union/">Archived</a> 19 December 2013 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFTârleaBailerDegnerDellmuth2019" class="citation journal cs1">Târlea, Silvana; Bailer, Stephanie; Degner, Hanno; Dellmuth, Lisa; Leuffen, Dirk; Lundgren, Magnus; Tallberg, Jonas; Wasserfallen, Fabio (2019). <a rel="nofollow" class="external text" href="https://doi.org/10.1177%2F1465116518814336">"Explaining governmental preferences on economic and monetary union reform"</a>. <i>European Union Politics</i>. <b>20</b> (1): 24–44. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://doi.org/10.1177%2F1465116518814336">10.1177/1465116518814336</a></span>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a>&#160;<a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:158507389">158507389</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=European+Union+Politics&amp;rft.atitle=Explaining+governmental+preferences+on+economic+and+monetary+union+reform&amp;rft.volume=20&amp;rft.issue=1&amp;rft.pages=24-44&amp;rft.date=2019&amp;rft_id=info%3Adoi%2F10.1177%2F1465116518814336&amp;rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A158507389%23id-name%3DS2CID&amp;rft.aulast=T%C3%A2rlea&amp;rft.aufirst=Silvana&amp;rft.au=Bailer%2C+Stephanie&amp;rft.au=Degner%2C+Hanno&amp;rft.au=Dellmuth%2C+Lisa&amp;rft.au=Leuffen%2C+Dirk&amp;rft.au=Lundgren%2C+Magnus&amp;rft.au=Tallberg%2C+Jonas&amp;rft.au=Wasserfallen%2C+Fabio&amp;rft_id=https%3A%2F%2Fdoi.org%2F10.1177%252F1465116518814336&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFLundgrenBailerDellmuthTallberg2019" class="citation journal cs1">Lundgren, Magnus; Bailer, Stephanie; Dellmuth, Lisa; Tallberg, Jonas; Târlea, Silvana (2019). <a rel="nofollow" class="external text" href="https://doi.org/10.1177%2F1465116518811073">"Bargaining success in the reform of the Eurozone"</a>. <i>European Union Politics</i>. <b>20</b> (1): 65–88. <a href="/wiki/Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://doi.org/10.1177%2F1465116518811073">10.1177/1465116518811073</a></span>. <a href="/wiki/S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a>&#160;<a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:85459046">85459046</a>.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&amp;rft.genre=article&amp;rft.jtitle=European+Union+Politics&amp;rft.atitle=Bargaining+success+in+the+reform+of+the+Eurozone&amp;rft.volume=20&amp;rft.issue=1&amp;rft.pages=65-88&amp;rft.date=2019&amp;rft_id=info%3Adoi%2F10.1177%2F1465116518811073&amp;rft_id=https%3A%2F%2Fapi.semanticscholar.org%2FCorpusID%3A85459046%23id-name%3DS2CID&amp;rft.aulast=Lundgren&amp;rft.aufirst=Magnus&amp;rft.au=Bailer%2C+Stephanie&amp;rft.au=Dellmuth%2C+Lisa&amp;rft.au=Tallberg%2C+Jonas&amp;rft.au=T%C3%A2rlea%2C+Silvana&amp;rft_id=https%3A%2F%2Fdoi.org%2F10.1177%252F1465116518811073&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-2012_plan_for_a_genuine_EMU-17"><span class="mw-cite-backlink">^ <a href="#cite_ref-2012_plan_for_a_genuine_EMU_17-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-2012_plan_for_a_genuine_EMU_17-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-2012_plan_for_a_genuine_EMU_17-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.consilium.europa.eu/en/press/press-releases/2012/12/pdf/TOWARDS-A-GENUINE-ECONOMIC-AND-MONETARY-UNION---Report-by-President-Herman-Van-Rompuy-in-close-collaboration-with-the-Presidents-of-the-European-Commission,-Eurogroup-and-European-Central-Bank/">"Towards a genuine Economic and Monetary Union"</a>. European Commission. 5 December 2012.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Towards+a+genuine+Economic+and+Monetary+Union&amp;rft.pub=European+Commission&amp;rft.date=2012-12-05&amp;rft_id=http%3A%2F%2Fwww.consilium.europa.eu%2Fen%2Fpress%2Fpress-releases%2F2012%2F12%2Fpdf%2FTOWARDS-A-GENUINE-ECONOMIC-AND-MONETARY-UNION---Report-by-President-Herman-Van-Rompuy-in-close-collaboration-with-the-Presidents-of-the-European-Commission%2C-Eurogroup-and-European-Central-Bank%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-EAC_of_major_economic_policy_reforms_(pilot_project)-18"><span class="mw-cite-backlink"><b><a href="#cite_ref-EAC_of_major_economic_policy_reforms_(pilot_project)_18-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://register.consilium.europa.eu/doc/srv?l=EN&amp;f=ST%2011066%202014%20INIT">"Ex ante coordination of major economic reform plans –report on the pilot exercise"</a>. Council of the European Union (Economic and Financial Committee). 17 June 2014.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Ex+ante+coordination+of+major+economic+reform+plans+%E2%80%93report+on+the+pilot+exercise&amp;rft.pub=Council+of+the+European+Union+%28Economic+and+Financial+Committee%29&amp;rft.date=2014-06-17&amp;rft_id=http%3A%2F%2Fregister.consilium.europa.eu%2Fdoc%2Fsrv%3Fl%3DEN%26f%3DST%252011066%25202014%2520INIT&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-Direct_Recapitalisation_Instrument-19"><span class="mw-cite-backlink">^ <a href="#cite_ref-Direct_Recapitalisation_Instrument_19-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Direct_Recapitalisation_Instrument_19-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.esm.europa.eu/press/releases/esm-direct-bank-recapitalisation-instrument-adopted.htm?lang=-en">"ESM direct bank recapitalisation instrument adopted"</a>. ESM. 8 December 2014.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=ESM+direct+bank+recapitalisation+instrument+adopted&amp;rft.pub=ESM&amp;rft.date=2014-12-08&amp;rft_id=http%3A%2F%2Fwww.esm.europa.eu%2Fpress%2Freleases%2Fesm-direct-bank-recapitalisation-instrument-adopted.htm%3Flang%3D-en&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-Completing_the_EMU-20"><span class="mw-cite-backlink">^ <a href="#cite_ref-Completing_the_EMU_20-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Completing_the_EMU_20-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.consilium.europa.eu/en/european-council/president/pdf/5-presidents-report-en_pdf/">"Completing Europe's Economic and Monetary Union: Report by Jean-Claude Juncker in close cooperation with Donald Tusk, Jeroen Dijsselbloem, Mario Draghi and Martin Schulz"</a>. European Commission. 21 June 2015.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Completing+Europe%27s+Economic+and+Monetary+Union%3A+Report+by+Jean-Claude+Juncker+in+close+cooperation+with+Donald+Tusk%2C+Jeroen+Dijsselbloem%2C+Mario+Draghi+and+Martin+Schulz&amp;rft.pub=European+Commission&amp;rft.date=2015-06-21&amp;rft_id=http%3A%2F%2Fwww.consilium.europa.eu%2Fen%2Feuropean-council%2Fpresident%2Fpdf%2F5-presidents-report-en_pdf%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-Review_of_the_6-pack_and_2-pack_legislation-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-Review_of_the_6-pack_and_2-pack_legislation_21-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/economic_governance/documents/com%282014%29905_en.pdf">"Economic governance review: Report on the application of Regulations (EU) n° 1173/2011, 1174/2011, 1175/2011, 1176/2011, 1177/2011, 472/2013 and 473/2013"</a> <span class="cs1-format">(PDF)</span>. European Commission. 28 November 2014.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Economic+governance+review%3A+Report+on+the+application+of+Regulations+%28EU%29+n%C2%B0+1173%2F2011%2C+1174%2F2011%2C+1175%2F2011%2C+1176%2F2011%2C+1177%2F2011%2C+472%2F2013+and+473%2F2013&amp;rft.pub=European+Commission&amp;rft.date=2014-11-28&amp;rft_id=http%3A%2F%2Fec.europa.eu%2Feconomy_finance%2Feconomic_governance%2Fdocuments%2Fcom%25282014%2529905_en.pdf&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=COM:2015:63:FIN&amp;from=EN">"Green Paper: Building a Capital Markets Union"</a>. European Commission. 18 February 2015.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Green+Paper%3A+Building+a+Capital+Markets+Union&amp;rft.pub=European+Commission&amp;rft.date=2015-02-18&amp;rft_id=http%3A%2F%2Feur-lex.europa.eu%2Flegal-content%2FEN%2FTXT%2FPDF%2F%3Furi%3DCOM%3A2015%3A63%3AFIN%26from%3DEN&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBank2020" class="citation web cs1">Bank, European Central (20 March 2020). <a rel="nofollow" class="external text" href="https://www.ecb.europa.eu/ecb/access_to_documents/archives/delors/">"Delors Committee"</a>. European Central Bank.</cite><span title="ctx_ver=Z39.88-2004&amp;rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&amp;rft.genre=unknown&amp;rft.btitle=Delors+Committee&amp;rft.pub=European+Central+Bank&amp;rft.date=2020-03-20&amp;rft.aulast=Bank&amp;rft.aufirst=European+Central&amp;rft_id=https%3A%2F%2Fwww.ecb.europa.eu%2Fecb%2Faccess_to_documents%2Farchives%2Fdelors%2F&amp;rfr_id=info%3Asid%2Fen.wikipedia.org%3AEconomic+and+Monetary+Union+of+the+European+Union" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;action=edit&amp;section=16" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/emu_history/index_en.htm">EMU: A Historical Documentation (European Commission)</a></li> <li><a rel="nofollow" class="external text" href="http://ec.europa.eu/economy_finance/the_euro/index_en.htm?cs_mid=2946">The euro (European Commission Economic and Financial Affairs)</a></li> <li><a rel="nofollow" class="external text" href="http://www.cvce.eu/collections/unit-content/-/unit/02bb76df-d066-4c08-a58a-d4686a3e68ff/cf1d0ef1-0668-4cec-8e18-496b6328a453/Resources#7f1c62f8-bb39-4ee5-ab36-678d72142528">European integration process: 1969–1979 Crises and revival: Economic and Monetary Union cooperation</a> subject file by the CVCE (Centre of European Studies)</li> <li><a rel="nofollow" class="external text" href="http://www.consilium.europa.eu/en/policies/emu-report-2015/">Completing Europe's Economic and Monetary Union: Five presidents' report (EC, EP, ECB, Eurogroup and Council)</a></li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Euro_topics" style="padding:3px"><table class="nowraplinks hlist mw-collapsible expanded navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Euro_topics" title="Template:Euro topics"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Euro_topics" title="Template talk:Euro topics"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Euro_topics" title="Special:EditPage/Template:Euro topics"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Euro_topics" style="font-size:114%;margin:0 4em"><a href="/wiki/Euro" title="Euro">Euro</a> topics</div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">General</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">Economic and Monetary Union of the European Union</a></li> <li><a href="/wiki/Capital_Markets_Union" title="Capital Markets Union">Capital Markets Union</a></li> <li><a href="/wiki/European_banking_union" title="European banking union">European banking union</a></li> <li><a href="/wiki/Euro_sign" title="Euro sign">Euro sign</a></li> <li><a href="/wiki/Eurozone" title="Eurozone">Eurozone</a></li> <li><a href="/wiki/Language_and_the_euro" title="Language and the euro">Language</a></li> <li><i><a href="/wiki/Euro-Skulptur" title="Euro-Skulptur">Euro-Skulptur</a></i></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Administration</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/European_Central_Bank" title="European Central Bank">European Central Bank</a></li> <li><a href="/wiki/President_of_the_European_Central_Bank" title="President of the European Central Bank">ECB president</a></li> <li><a href="/wiki/European_System_of_Central_Banks" title="European System of Central Banks">European System of Central Banks</a></li> <li><a href="/wiki/Eurosystem" title="Eurosystem">Eurosystem</a></li> <li><a href="/wiki/Economic_and_Financial_Affairs_Council" title="Economic and Financial Affairs Council">Ecofin</a></li> <li><a href="/wiki/Eurogroup" title="Eurogroup">Eurogroup</a></li> <li><a href="/wiki/Euro_summit" title="Euro summit">Euro summit</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Fiscal provisions</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Stability_and_Growth_Pact" title="Stability and Growth Pact">Stability and Growth Pact</a></li> <li><a href="/wiki/European_Stability_Mechanism" title="European Stability Mechanism">European Stability Mechanism</a></li> <li><a href="/wiki/Euro_Plus_Pact" title="Euro Plus Pact">Euro Plus Pact</a></li> <li><a href="/wiki/Sixpack_(European_Union_law)" class="mw-redirect" title="Sixpack (European Union law)">Six pack</a></li> <li><a href="/wiki/European_Fiscal_Compact" title="European Fiscal Compact">European Fiscal Compact</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Economy</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Economy_of_Europe" title="Economy of Europe">Economy of Europe</a></li> <li><a href="/wiki/Economy_of_the_European_Union" title="Economy of the European Union">Economy of the European Union</a></li> <li><a href="/wiki/Eonia" title="Eonia">Eonia</a></li> <li><a href="/wiki/Euro_calculator" title="Euro calculator">Euro calculator</a></li> <li><a href="/wiki/Euribor" title="Euribor">Euro interbank offered rate (Euribor)</a></li> <li><a href="/wiki/Single_Euro_Payments_Area" title="Single Euro Payments Area">Single euro payments area (SEPA)</a> <ul><li><a href="/wiki/European_Payments_Initiative" title="European Payments Initiative">European payments initiative (EPI)</a></li></ul></li> <li><a href="/wiki/Euro_Currency_Index" title="Euro Currency Index">Euro Currency Index</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/International_status_and_usage_of_the_euro" title="International status and usage of the euro">International status</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Eurobond_(eurozone)" title="Eurobond (eurozone)">Proposed eurobonds</a></li> <li><a href="/wiki/Reserve_currency" title="Reserve currency">Reserve currency</a></li> <li><a href="/wiki/Petrocurrency" title="Petrocurrency">Petroeuro</a></li> <li><a href="/wiki/World_currency" title="World currency">World currency</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Denominations</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;"><a href="/wiki/Euro_coins" title="Euro coins">Coins</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/1_euro_cent_coin" title="1 euro cent coin">1c</a></li> <li><a href="/wiki/2_euro_cent_coin" title="2 euro cent coin">2c</a></li> <li><a href="/wiki/5_euro_cent_coin" title="5 euro cent coin">5c</a></li> <li><a href="/wiki/10_euro_cent_coin" title="10 euro cent coin">10c</a></li> <li><a href="/wiki/20_euro_cent_coin" title="20 euro cent coin">20c</a></li> <li><a href="/wiki/50_euro_cent_coin" title="50 euro cent coin">50c</a></li> <li><a href="/wiki/1_euro_coin" title="1 euro coin">1&#160;€</a></li> <li><a href="/wiki/2_euro_coin" title="2 euro coin">2&#160;€</a></li> <li><a href="/wiki/2_euro_commemorative_coins" title="2 euro commemorative coins">2&#160;€ commemorative coins</a></li> <li><a href="/wiki/Euro_gold_and_silver_commemorative_coins" title="Euro gold and silver commemorative coins">Other commemorative coins</a></li> <li><a href="/wiki/Identifying_marks_on_euro_coins" title="Identifying marks on euro coins">Identifying marks</a></li> <li><a href="/wiki/Euro_starter_kits" title="Euro starter kits">Starter kits</a></li> <li><a href="/wiki/Europa_coin_programme" title="Europa coin programme">Europa coin programme</a></li> <li><a href="/wiki/List_of_euro_mints" title="List of euro mints">Euro mint</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;"><a href="/wiki/Euro_banknotes" title="Euro banknotes">Banknotes</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/5_euro_note" title="5 euro note">5&#160;€</a></li> <li><a href="/wiki/10_euro_note" title="10 euro note">10&#160;€</a></li> <li><a href="/wiki/20_euro_note" title="20 euro note">20&#160;€</a></li> <li><a href="/wiki/50_euro_note" title="50 euro note">50&#160;€</a></li> <li><a href="/wiki/100_euro_note" title="100 euro note">100&#160;€</a></li> <li><a href="/wiki/200_euro_note" title="200 euro note">200&#160;€</a></li> <li><a href="/wiki/500_euro_note" title="500 euro note">500&#160;€</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Coins by country with minting rights</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;"><a href="/wiki/Eurozone" title="Eurozone">Eurozone</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Austrian_euro_coins" title="Austrian euro coins">Austria</a></li> <li><a href="/wiki/Belgian_euro_coins" title="Belgian euro coins">Belgium</a></li> <li><a href="/wiki/Croatian_euro_coins" title="Croatian euro coins">Croatia</a></li> <li><a href="/wiki/Cypriot_euro_coins" title="Cypriot euro coins">Cyprus</a></li> <li><a href="/wiki/Estonian_euro_coins" title="Estonian euro coins">Estonia</a></li> <li><a href="/wiki/Finnish_euro_coins" title="Finnish euro coins">Finland</a></li> <li><a href="/wiki/French_euro_coins" title="French euro coins">France</a></li> <li><a href="/wiki/German_euro_coins" title="German euro coins">Germany</a></li> <li><a href="/wiki/Greek_euro_coins" title="Greek euro coins">Greece</a></li> <li><a href="/wiki/Irish_euro_coins" title="Irish euro coins">Ireland</a></li> <li><a href="/wiki/Italian_euro_coins" title="Italian euro coins">Italy</a></li> <li><a href="/wiki/Latvian_euro_coins" class="mw-redirect" title="Latvian euro coins">Latvia</a></li> <li><a href="/wiki/Lithuanian_euro_coins" class="mw-redirect" title="Lithuanian euro coins">Lithuania</a></li> <li><a href="/wiki/Luxembourgish_euro_coins" title="Luxembourgish euro coins">Luxembourg</a></li> <li><a href="/wiki/Maltese_euro_coins" title="Maltese euro coins">Malta</a></li> <li><a href="/wiki/Dutch_euro_coins" title="Dutch euro coins">Netherlands</a></li> <li><a href="/wiki/Portuguese_euro_coins" title="Portuguese euro coins">Portugal</a></li> <li><a href="/wiki/Slovak_euro_coins" title="Slovak euro coins">Slovakia</a></li> <li><a href="/wiki/Slovenian_euro_coins" title="Slovenian euro coins">Slovenia</a></li> <li><a href="/wiki/Spanish_euro_coins" title="Spanish euro coins">Spain</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;"><a href="/wiki/Euro#Agreed_direct_usage_with_minting_rights" title="Euro">Monetary agreement with EU</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Andorra_and_the_euro" title="Andorra and the euro">Andorra</a></li> <li><a href="/wiki/Mon%C3%A9gasque_euro_coins" title="Monégasque euro coins">Monaco</a></li> <li><a href="/wiki/Sammarinese_euro_coins" class="mw-redirect" title="Sammarinese euro coins">San Marino</a></li> <li><a href="/wiki/Vatican_euro_coins" title="Vatican euro coins">Vatican City</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Euro#Agreed_direct_usage_without_minting_rights" title="Euro">Non-EU territories<br /> using euro per agreement<br /> without minting rights</a></div></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Saint_Barth%C3%A9lemy" title="Saint Barthélemy">Saint Barthélemy</a></li> <li><a href="/wiki/Saint_Pierre_and_Miquelon" title="Saint Pierre and Miquelon">Saint Pierre and Miquelon</a></li> <li><a href="/wiki/French_Southern_and_Antarctic_Lands" title="French Southern and Antarctic Lands">French Southern and Antarctic Lands</a></li> <li><a href="/wiki/Akrotiri_and_Dhekelia" title="Akrotiri and Dhekelia">Akrotiri and Dhekelia</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Potential adoption by<br />other countries</div></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bulgaria_and_the_euro" title="Bulgaria and the euro">Bulgaria</a></li> <li><a href="/wiki/Czech_Republic_and_the_euro" title="Czech Republic and the euro">Czech Republic</a></li> <li><a href="/wiki/Denmark_and_the_euro" title="Denmark and the euro">Denmark</a></li> <li><a href="/wiki/Hungary_and_the_euro" title="Hungary and the euro">Hungary</a></li> <li><a href="/wiki/Poland_and_the_euro" title="Poland and the euro">Poland</a></li> <li><a href="/wiki/Romania_and_the_euro" title="Romania and the euro">Romania</a></li> <li><a href="/wiki/Sweden_and_the_euro" title="Sweden and the euro">Sweden</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Euro#Unilateral_direct_usage" title="Euro">Countries and territories<br />using euro unilaterally</a></div></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Kosovo_and_the_euro" title="Kosovo and the euro">Kosovo</a></li> <li><a href="/wiki/Montenegro_and_the_euro" title="Montenegro and the euro">Montenegro</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Currencies_of_the_European_Union" title="Currencies of the European Union">Other extant EU currencies</a></div></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;">ERM <span style="font-family:serif;">II</span></th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Bulgarian_lev" title="Bulgarian lev">Bulgarian lev</a></li> <li><a href="/wiki/Danish_krone" title="Danish krone">Danish krone</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Czech_koruna" title="Czech koruna">Czech koruna</a></li> <li><a href="/wiki/Hungarian_forint" title="Hungarian forint">Hungarian forint</a></li> <li><a href="/wiki/Polish_z%C5%82oty" title="Polish złoty">Polish złoty</a></li> <li><a href="/wiki/Romanian_leu" title="Romanian leu">Romanian leu</a></li> <li><a href="/wiki/Swedish_krona" title="Swedish krona">Swedish krona</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><a href="/wiki/History_of_the_euro" title="History of the euro">History</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;">General</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li>"<a href="/wiki/Snake_in_the_tunnel" title="Snake in the tunnel">Snake in the tunnel</a>"</li> <li><a href="/wiki/European_Monetary_System" title="European Monetary System">European Monetary System</a> <ul><li><span style="font-family:serif;font-size:85%;">I</span>&#160;<span style="font-size:85%;"><a href="/wiki/European_Currency_Unit" title="European Currency Unit">ECU</a></span></li> <li><span style="font-family:serif;font-size:85%;">II</span>&#160;<span style="font-size:85%;"><a href="/wiki/European_Exchange_Rate_Mechanism" title="European Exchange Rate Mechanism">ERM</a></span></li> <li><span style="font-family:serif;font-size:85%;">III</span>&#160;<span style="font-size:85%;"><a class="mw-selflink selflink">EMU</a></span></li></ul></li> <li><a href="/wiki/European_Monetary_Cooperation_Fund" title="European Monetary Cooperation Fund">European Monetary Cooperation Fund</a></li> <li><a href="/wiki/Delors_Committee" title="Delors Committee">Delors Committee</a></li> <li><a href="/wiki/European_Monetary_Institute" title="European Monetary Institute">European Monetary Institute</a></li> <li><a href="/wiki/Enlargement_of_the_eurozone" title="Enlargement of the eurozone">Enlargement</a></li> <li><a href="/wiki/Black_Wednesday" title="Black Wednesday">Black Wednesday</a></li> <li><a href="/wiki/European_debt_crisis" title="European debt crisis">European debt crisis</a></li> <li><a href="/wiki/Withdrawal_from_the_eurozone" title="Withdrawal from the eurozone">Withdrawal</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Previous EU members<br />and euro</div></th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/United_Kingdom_and_the_euro" title="United Kingdom and the euro">United Kingdom</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;">Preceding currencies</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/European_Currency_Unit" title="European Currency Unit">European Currency Unit</a></li> <li><a href="/wiki/Austrian_schilling" title="Austrian schilling">Austrian schilling</a></li> <li><a href="/wiki/Belgian_franc" title="Belgian franc">Belgian franc</a></li> <li><a href="/wiki/Croatian_kuna" title="Croatian kuna">Croatian kuna</a></li> <li><a href="/wiki/Cypriot_pound" title="Cypriot pound">Cypriot pound</a></li> <li><a href="/wiki/Dutch_guilder" title="Dutch guilder">Dutch guilder</a></li> <li><a href="/wiki/Estonian_kroon" title="Estonian kroon">Estonian kroon</a></li> <li><a href="/wiki/Finnish_markka" title="Finnish markka">Finnish markka</a></li> <li><a href="/wiki/French_franc" title="French franc">French franc</a></li> <li><a href="/wiki/Deutsche_Mark" title="Deutsche Mark">German Mark</a></li> <li><a href="/wiki/Modern_drachma" title="Modern drachma">Greek drachma</a></li> <li><a href="/wiki/Irish_pound" title="Irish pound">Irish pound</a></li> <li><a href="/wiki/Italian_lira" title="Italian lira">Italian lira</a></li> <li><a href="/wiki/Latvian_lats" title="Latvian lats">Latvian lats</a></li> <li><a href="/wiki/Lithuanian_litas" title="Lithuanian litas">Lithuanian litas</a></li> <li><a href="/wiki/Luxembourg_franc" title="Luxembourg franc">Luxembourg franc</a></li> <li><a href="/wiki/Maltese_lira" title="Maltese lira">Maltese lira</a></li> <li><a href="/wiki/Mon%C3%A9gasque_franc" title="Monégasque franc">Monégasque franc</a></li> <li><a href="/wiki/Portuguese_escudo" title="Portuguese escudo">Portuguese escudo</a></li> <li><a href="/wiki/Sammarinese_lira" title="Sammarinese lira">Sammarinese lira</a></li> <li><a href="/wiki/Slovak_koruna" title="Slovak koruna">Slovak koruna</a></li> <li><a href="/wiki/Slovenian_tolar" title="Slovenian tolar">Slovenian tolar</a></li> <li><a href="/wiki/Spanish_peseta" title="Spanish peseta">Spanish peseta</a></li> <li><a href="/wiki/Vatican_lira" title="Vatican lira">Vatican lira</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:5em;font-weight:normal;">Former fiscal provisions</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/European_Financial_Stability_Facility" title="European Financial Stability Facility">European Financial Stability Facility</a></li> <li><a href="/wiki/European_Financial_Stabilisation_Mechanism" title="European Financial Stabilisation Mechanism">European Financial Stabilisation Mechanism</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><b><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Symbol_portal_class.svg" class="mw-file-description" title="Portal"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/16px-Symbol_portal_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/23px-Symbol_portal_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/31px-Symbol_portal_class.svg.png 2x" data-file-width="180" data-file-height="185" /></a></span> <a href="/wiki/Portal:Money" title="Portal:Money">Money portal</a></b></li> <li><b><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Symbol_portal_class.svg" class="mw-file-description" title="Portal"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/16px-Symbol_portal_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/23px-Symbol_portal_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/31px-Symbol_portal_class.svg.png 2x" data-file-width="180" data-file-height="185" /></a></span> <a href="/wiki/Portal:European_Union" title="Portal:European Union">European Union portal</a></b></li> <li><b><span class="noviewer" typeof="mw:File"><a href="/wiki/File:Symbol_portal_class.svg" class="mw-file-description" title="Portal"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/16px-Symbol_portal_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/23px-Symbol_portal_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/e/e2/Symbol_portal_class.svg/31px-Symbol_portal_class.svg.png 2x" data-file-width="180" data-file-height="185" /></a></span> <a href="/wiki/Portal:Numismatics" title="Portal:Numismatics">Numismatics portal</a></b></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1236075235"><style data-mw-deduplicate="TemplateStyles:r1038841319">.mw-parser-output .tooltip-dotted{border-bottom:1px dotted;cursor:help}</style></div><div role="navigation" class="navbox authority-control" aria-labelledby="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q212141#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata" style="padding:3px"><table class="nowraplinks hlist mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Authority_control_databases_frameless&amp;#124;text-top&amp;#124;10px&amp;#124;alt=Edit_this_at_Wikidata&amp;#124;link=https&amp;#58;//www.wikidata.org/wiki/Q212141#identifiers&amp;#124;class=noprint&amp;#124;Edit_this_at_Wikidata" style="font-size:114%;margin:0 4em"><a href="/wiki/Help:Authority_control" title="Help:Authority control">Authority control databases</a> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q212141#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://viaf.org/viaf/295152138683110982481">VIAF</a></span></li></ul></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">National</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a rel="nofollow" class="external text" href="https://d-nb.info/gnd/4309802-2">Germany</a></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="https://id.loc.gov/authorities/no98066087">United States</a></span></li><li><span class="uid"><span class="rt-commentedText tooltip tooltip-dotted" title="Hospodářská a měnová unie"><a rel="nofollow" class="external text" href="https://aleph.nkp.cz/F/?func=find-c&amp;local_base=aut&amp;ccl_term=ica=kn20030729003&amp;CON_LNG=ENG">Czech Republic</a></span></span></li><li><span class="uid"><a rel="nofollow" class="external text" href="http://olduli.nli.org.il/F/?func=find-b&amp;local_base=NLX10&amp;find_code=UID&amp;request=987007511395305171">Israel</a></span></li></ul></div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw‐web.codfw.main‐f69cdc8f6‐w98px Cached time: 20241123050338 Cache expiry: 2592000 Reduced expiry: false Complications: [vary‐revision‐sha1, show‐toc] CPU time usage: 1.226 seconds Real time usage: 1.465 seconds Preprocessor visited node count: 27232/1000000 Post‐expand include size: 464199/2097152 bytes Template argument size: 58915/2097152 bytes Highest expansion depth: 17/100 Expensive parser function count: 40/500 Unstrip recursion depth: 1/20 Unstrip post‐expand size: 112515/5000000 bytes Lua time usage: 0.428/10.000 seconds Lua memory usage: 8178668/52428800 bytes Number of Wikibase entities loaded: 1/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 1090.177 1 -total 53.53% 583.552 1 Template:Politics_of_the_European_Union 53.22% 580.211 1 Template:Sidebar_with_collapsible_lists 23.22% 253.160 120 Template:Flag_icon 14.47% 157.728 90 Template:Flaglist 11.11% 121.114 2 Template:Bulleted_list 8.91% 97.187 1 Template:Reflist 7.47% 81.413 1 Template:Citation 7.20% 78.521 90 Template:Flaglist/core 6.41% 69.857 48 Template:Center --> <!-- Saved in parser cache with key enwiki:pcache:idhash:26267738-0!canonical and timestamp 20241123050338 and revision id 1253641454. Rendering was triggered because: page-view --> </div><!--esi <esi:include src="/esitest-fa8a495983347898/content" /> --><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?type=1x1" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;oldid=1253641454">https://en.wikipedia.org/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;oldid=1253641454</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Economy_of_the_European_Union" title="Category:Economy of the European Union">Economy of the European Union</a></li><li><a href="/wiki/Category:Monetary_policy_of_the_European_Union" title="Category:Monetary policy of the European Union">Monetary policy of the European Union</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Webarchive_template_wayback_links" title="Category:Webarchive template wayback links">Webarchive template wayback links</a></li><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_is_different_from_Wikidata" title="Category:Short description is different from Wikidata">Short description is different from Wikidata</a></li><li><a href="/wiki/Category:Articles_needing_additional_references_from_March_2007" title="Category:Articles needing additional references from March 2007">Articles needing additional references from March 2007</a></li><li><a href="/wiki/Category:All_articles_needing_additional_references" title="Category:All articles needing additional references">All articles needing additional references</a></li><li><a href="/wiki/Category:Use_dmy_dates_from_March_2020" title="Category:Use dmy dates from March 2020">Use dmy dates from March 2020</a></li><li><a href="/wiki/Category:All_articles_with_unsourced_statements" title="Category:All articles with unsourced statements">All articles with unsourced statements</a></li><li><a href="/wiki/Category:Articles_with_unsourced_statements_from_May_2019" title="Category:Articles with unsourced statements from May 2019">Articles with unsourced statements from May 2019</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 27 October 2024, at 02:40<span class="anonymous-show">&#160;(UTC)</span>.</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. By using this site, you agree to the <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Terms_of_Use" class="extiw" title="foundation:Special:MyLanguage/Policy:Terms of Use">Terms of Use</a> and <a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy" class="extiw" title="foundation:Special:MyLanguage/Policy:Privacy policy">Privacy Policy</a>. Wikipedia® is a registered trademark of the <a rel="nofollow" class="external text" href="https://wikimediafoundation.org/">Wikimedia Foundation, Inc.</a>, a non-profit organization.</li> </ul> <ul id="footer-places"> <li id="footer-places-privacy"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Privacy_policy">Privacy policy</a></li> <li id="footer-places-about"><a href="/wiki/Wikipedia:About">About Wikipedia</a></li> <li id="footer-places-disclaimers"><a href="/wiki/Wikipedia:General_disclaimer">Disclaimers</a></li> <li id="footer-places-contact"><a href="//en.wikipedia.org/wiki/Wikipedia:Contact_us">Contact Wikipedia</a></li> <li id="footer-places-wm-codeofconduct"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Universal_Code_of_Conduct">Code of Conduct</a></li> <li id="footer-places-developers"><a href="https://developer.wikimedia.org">Developers</a></li> <li id="footer-places-statslink"><a href="https://stats.wikimedia.org/#/en.wikipedia.org">Statistics</a></li> <li id="footer-places-cookiestatement"><a href="https://foundation.wikimedia.org/wiki/Special:MyLanguage/Policy:Cookie_statement">Cookie statement</a></li> <li id="footer-places-mobileview"><a href="//en.m.wikipedia.org/w/index.php?title=Economic_and_Monetary_Union_of_the_European_Union&amp;mobileaction=toggle_view_mobile" class="noprint stopMobileRedirectToggle">Mobile view</a></li> </ul> <ul id="footer-icons" class="noprint"> <li id="footer-copyrightico"><a href="https://wikimediafoundation.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/static/images/footer/wikimedia-button.svg" width="84" height="29" alt="Wikimedia Foundation" loading="lazy"></a></li> <li id="footer-poweredbyico"><a href="https://www.mediawiki.org/" class="cdx-button cdx-button--fake-button cdx-button--size-large cdx-button--fake-button--enabled"><img src="/w/resources/assets/poweredby_mediawiki.svg" alt="Powered by MediaWiki" width="88" height="31" loading="lazy"></a></li> </ul> </footer> </div> </div> </div> <div class="vector-settings" id="p-dock-bottom"> <ul></ul> </div><script>(RLQ=window.RLQ||[]).push(function(){mw.config.set({"wgHostname":"mw-web.codfw.main-f69cdc8f6-bmh6q","wgBackendResponseTime":146,"wgPageParseReport":{"limitreport":{"cputime":"1.226","walltime":"1.465","ppvisitednodes":{"value":27232,"limit":1000000},"postexpandincludesize":{"value":464199,"limit":2097152},"templateargumentsize":{"value":58915,"limit":2097152},"expansiondepth":{"value":17,"limit":100},"expensivefunctioncount":{"value":40,"limit":500},"unstrip-depth":{"value":1,"limit":20},"unstrip-size":{"value":112515,"limit":5000000},"entityaccesscount":{"value":1,"limit":400},"timingprofile":["100.00% 1090.177 1 -total"," 53.53% 583.552 1 Template:Politics_of_the_European_Union"," 53.22% 580.211 1 Template:Sidebar_with_collapsible_lists"," 23.22% 253.160 120 Template:Flag_icon"," 14.47% 157.728 90 Template:Flaglist"," 11.11% 121.114 2 Template:Bulleted_list"," 8.91% 97.187 1 Template:Reflist"," 7.47% 81.413 1 Template:Citation"," 7.20% 78.521 90 Template:Flaglist/core"," 6.41% 69.857 48 Template:Center"]},"scribunto":{"limitreport-timeusage":{"value":"0.428","limit":"10.000"},"limitreport-memusage":{"value":8178668,"limit":52428800},"limitreport-logs":"table#1 {\n [\"size\"] = \"medium\",\n}\n"},"cachereport":{"origin":"mw-web.codfw.main-f69cdc8f6-w98px","timestamp":"20241123050338","ttl":2592000,"transientcontent":false}}});});</script> <script type="application/ld+json">{"@context":"https:\/\/schema.org","@type":"Article","name":"Economic and Monetary Union of the European Union","url":"https:\/\/en.wikipedia.org\/wiki\/Economic_and_Monetary_Union_of_the_European_Union","sameAs":"http:\/\/www.wikidata.org\/entity\/Q212141","mainEntity":"http:\/\/www.wikidata.org\/entity\/Q212141","author":{"@type":"Organization","name":"Contributors to Wikimedia projects"},"publisher":{"@type":"Organization","name":"Wikimedia Foundation, Inc.","logo":{"@type":"ImageObject","url":"https:\/\/www.wikimedia.org\/static\/images\/wmf-hor-googpub.png"}},"datePublished":"2002-09-09T23:36:34Z","dateModified":"2024-10-27T02:40:21Z","image":"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/7\/7d\/Europ%C3%A4ische_Wirtschafts-_und_W%C3%A4hrungsunion.svg","headline":"set of States of the European Union that form a single market and use a single currency"}</script> </body> </html>

Pages: 1 2 3 4 5 6 7 8 9 10