Member States
In 1998 eleven member states of the European Union had met the convergence criteria, and the Eurozone came into existence with the official launch of the euro (alongside national currencies) on 1 January 1999. Greece qualified in 2000 and was admitted on 1 January 2001 before physical notes and coins were introduced on 1 January 2002 replacing all national currencies. Between 2007 and 2011, five new states acceded.
| State | Adopted | Adoption rank |
Population |
Nominal GDP |
Relative GDP |
GDP per capita |
Exceptions |
|---|---|---|---|---|---|---|---|
| Austria | 1999-01-01 | 1 | 70068404252000000008,404,252 | 7005384908000000000384,908 | 3.09% | 700445799000000000045,799 | |
| Belgium | 1999-01-01 | 1 | 700710918405000000010,918,405 | 7005468522000000000468,522 | 3.76% | 700442911000000000042,911 | |
| Cyprus | 2008-01-01 | 14 | 7005804435000000000804,435 | 700424910000000000024,910 | 0.20% | 700430966000000000030,966 | |
| Estonia | 2011-01-01 | 17 | 70061340194000000001,340,194 | 700419120000000000019,120 | 0.15% | 700414267000000000014,267 | |
| Finland | 1999-01-01 | 1 | 70065375276000000005,375,276 | 7005237512000000000237,512 | 1.91% | 700444186000000000044,186 | |
| France | 1999-01-01 | 1 | 700765075373000000065,075,373 | 70062649390000000002,649,390 | 21.26% | 700440713000000000040,713 | |
| Germany | 1999-01-01 | 1 | 700781751602000000081,751,602 | 70063330032000000003,330,032 | 26.73% | 700440734000000000040,734 | |
| Greece | 2001-01-01 | 12 | 700711325897000000011,325,897 | 7005329924000000000329,924 | 2.65% | 700429130000000000029,130 | |
| Ireland | 1999-01-01 | 1 | 70064480858000000004,480,858 | 7005227193000000000227,193 | 1.82% | 700450703000000000050,703 | |
| Italy | 1999-01-01 | 1 | 700760626442000000060,626,442 | 70062112780000000002,112,780 | 16.96% | 700434849000000000034,849 | |
| Luxembourg | 1999-01-01 | 1 | 7005511840000000000511,840 | 700452449000000000052,449 | 0.42% | 7005102471000000000102,471 | |
| Malta | 2008-01-01 | 14 | 7005417617000000000417,617 | 70037449000000000007,449 | 0.06% | 700417837000000000017,837 | |
| Netherlands | 1999-01-01 | 1 | 700716655799000000016,655,799 | 7005792128000000000792,128 | 6.36% | 700447559000000000047,559 | |
| Portugal | 1999-01-01 | 1 | 700710636979000000010,636,979 | 7005227676000000000227,676 | 1.83% | 700421404000000000021,404 | |
| Slovakia | 2009-01-01 | 16 | 70065435273000000005,435,273 | 700487642000000000087,642 | 0.70% | 700416125000000000016,125 | |
| Slovenia | 2007-01-01 | 13 | 70062050189000000002,050,189 | 700448477000000000048,477 | 0.39% | 700423645000000000023,645 | |
| Spain | 1999-01-01 | 1 | 700747190493000000047,190,493 | 70061460250000000001,460,250 | 11.72% | 700430944000000000030,944 | |
| Eurozone | 7008331963357000000331,963,357 | 700712460362000000012,460,362 | 100% | 700437535000000000037,535 | |||
Read more about this topic: Eurozone
Famous quotes containing the words member and/or states:
“One of the most highly valued functions of used parents these days is to be the villains of their children’s lives, the people the child blames for any shortcomings or disappointments. But if your identity comes from your parents’ failings, then you remain forever a member of the child generation, stuck and unable to move on to an adulthood in which you identify yourself in terms of what you do, not what has been done to you.”
—Frank Pittman (20th century)
“fundamentally an organism has conscious mental states if and only if there is something that it is like to be that organism—something it is like for the organism.”
—Thomas Nagel (b. 1938)