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European Union, Euro Zone, countries and information on converting national currencies to euros.


 

EUROPEAN UNION COUNTRIES

*On the 23rd June, 2016 a
referendum was held in the UK to ascertain whether or not they wished to
remain in the European Union. 

The UK voted to leave 52% to
48%.

On the 29th March, 2017, the UK
Prime Minister, Mrs. Theresa May, triggered Article 50 which marked the
start of two years of negotiations prior to Britain’s exit which should
be before 29th March, 2019.

31st January, 2020 – UK finally leave the
European Union although there will be a transition period to enable
trade deals and finer details to be worked out.  This should be
done by the end of 2020 but time will tell!


 

On the 1st January, 2007 Bulgaria and
Romania joined the European Union increasing the number of member states to
27 and then on the 1st July, 2013 Croatia was added to the list making 28
countries in total.

The original 15 countries
were:-

Austria  –  Belgium  –  Denmark  – 
Finland  –  France  –  Germany  – 
Greece   Ireland –  Italy  –  Luxembourg 
–  Netherlands  –  Portugal  – Spain  – 
Sweden – United Kingdom*

 

Joined by 10 others on
the 1st May, 2004.

Cyprus  –  Czech Republic  –  Estonia  – 
Hungary  –  Latvia – Lithuania  Malta – Poland  –  Slovakia  –  Slovenia.


2 additions on 1st January, 2007.

Bulgaria and Romania

Latest addition on
1st July, 2013

Croatia

 

31st January, 2020 – UK
leave the European Union although there will be a transition period
to work out trade deals etc. This should be done by the end of 2020
but time will tell!

There are now
27
countries currently in
the union.



Thirteen of these countries currently use the Euro as their
currency:-

BelgiumFranceNetherlands
GermanyIrelandAustria
GreeceItalyPortugal
SpainLuxembourgFinland
Slovenia

 Joined 1st
January, 2007

Cyprus Joined 1st January, 2008
Malta Joined 1st January, 2008
Slovakia Joined 1st January, 2009



The conversion rates for the first countries to sign
up, were established on 1st January, 1999.  These rates are fixed as follows:-

 

Currency Conversion
rate
Code
Austrian schilling13.7603ATS
Belgian franc40.3399BEF
Deutsche mark1.95583DEM
Spanish peseta166.386ESP
Dutch guilder2.20371NLG
Finnish markka5.94573FIM
French franc6.55957FRF
Irish punt0.787564IEP
Italian lira1936.27ITL
Luxembourg franc40.3399LUF
Portuguese escudo200.482PTE
Greek drachma340.750GRD
Slovenia 1.1.07.239.640SIT
Malta 
1.1.08.
0.429300MTL
Cyprus 
1.1.08.
0.585274CYP
Slovakia 
1.1.09
30.1260SKK