Eurozone
/ˈjʊərəʊˌzəʊn/
Definitions
- (n.) The group of European Union member states that have adopted the euro as their official currency, forming a monetary and economic union.
The eurozone enforces coordinated fiscal policies among its member states to ensure economic stability.
Forms
- eurozone
Related terms
See also
Commentary
Legally, the eurozone is significant as it involves treaties and regulations concerning monetary policy, economic governance, and the legal framework of currency use among member states.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.