For the concept in general, see economic and monetary union.
The economic and monetary union of the European Union is the currency union (built on a single market) of the European Union members who have adopted the euro as their sole legal tender. Full economic and monetary union has been in effect since 1 January 2002 for twelve countries, with further members joining since. For the European Union, economic and monetary union (EMU) was established in three phases: coordinating economic policy, achieving economic convergence (that is, their economic cycles are broadly in step) and culminating with the adoption of the euro.
- For more information, see the following articles
- For general information on the currency, see euro.
- For an account of EMU's creation and the euro's introduction, see the history of the euro.
- For information on the group of countries, its economy and administration of the EMU, see eurozone.
- For future membership of the EMU, see enlargement of the Eurozone.
- For the administrative bodies of the EMU, see European Central Bank and Euro Group.
- If you can't find what you're looking for, see the table below;
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