some people like to say "nordic countries" instead of "scandinavia" because they think it is more correct about geography. the nordic countries include norway, sweden, denmark (including the faroe islands), finland, and iceland. these five countries use the nordic council to work together on political and cultural activities. denmark, sweden, and finland are also members of the european union, but only finland is part of the eurozone, meaning that it uses the euro as its money. the other nordic countries still use their own money, called "krone" or "krona" (from the word "crowns"). norway and iceland, which are not members of the eu, are members of nato and the european free trade association (efta). only denmark is a member of both the eu and nato.