What is the currency of MOST of the EU countries?

What does EU stand for and how many countries are in the EU in international Business?

EU, I think means euro, like the currency of Europe €

New currency for the European Union is what?

The currency used by most European Union countries is the euro (€), which was introduced in 2002. It serves as the official currency for the Eurozone, comprising 19 of the 27 EU member states. Other EU countries may still use their national currencies, but they are encouraged to adopt the euro in the future.

How many countries belong to the European union relative to money?

If you mean how many countries in the EU use the EU currency, the Euro, the answer is 17.

Why did Ireland change ther currency?

As an EU member they had the opportunity to join it. They made the choice to do so. The EU has 27 members of which 17 use the Euro as their currency.

Role of the EU in tourism?

If EU represent EURO currency, the advantage is that in Europe many countries have adopted EU for transactions. Tourists and travellors need not exchange currency.

What is the official currency of the EU?

The Euro is the official currency of the European Union, although not all Eu countries use it yet. Its lower denomination is the cent, of which there are 100 to 1 Euro.

What is the link between the EU and the EUro?

The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.The EU is the European Union, an organisation which has 27 of Europe's countries as members. The Euro is used as the currency of 17 of those countries and so it is one of the official currencies of the European Union.

Who are the people on the Irish money?

The Irish currency is the Euro, it is common to most EU countries, it has pictures of famous buildings from around europe, not people

Why is the currency in the eu different from the us?

Most countries have their own currency. In effect you are asking why each country has its own currency. Historically each country has always had its own currency and run its own economy for its own benefit. The EU is one of the few parts of the world where there is a joint currency used in multiple countries, and the only example amongst economically advanced counties. In theory we may eventually have a common world currency. This would require agreement between all countries to set up a joint international body to regulate the currency (as the EU already has with the 'European Central Bank'), which is independent of any one government. I don't see this happening any time soon.

How does the Euro relate to the EU?

The euro is the unit of currency used by many EU member nations. It replaced each country's own currency, and as such the euro doesn't need to be exchanged when travelling between countries. The German mark, French franc, Austrian schilling, Irish pound, and Italian lire were all replaced.

What are most of the countries in the EU located?

Europe that is why it is called the European Union - EU

Why would the EU feel it is important to use a common currency?

The EU uses a common currency to promote economic stability, facilitate trade and investment among member countries, and strengthen the unity and integration of the European Union.