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countable noun. The euro is a unit of money that is used by the member countries of the European Union which have accepted European monetary union. It is represented by the symbol <>. A euro is divided into one hundred smaller units called cents. Millions of words have been written about the introduction of the euro.
The eurozone (pronunciation (helpÂ·info)), officially called the euro area, is a monetary union of 19 of the 28 European Union (EU) member states which have adopted the euro (â¬) as their common currency and sole legal tender.The other nine members of the European Union continue to use their own national currencies.The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.he eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.