Euro Zone Concept
Euro Zone (or Euro Area) is the designation usually given to the group of countries of the European Union who joined the Euro in the sequence of the achievement of the Economic and Monetary Union third phase. The countries belonging to the Euro Zone are subject to a same monetary politic, which is dictated by the Euro system which includes the European Central Bank and the national central banks of the member-states whom adopted the Euro.
Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.
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