Kosovo and the euro

Eurozone participation
European Union member states
(special territories not shown)
  20 in the eurozone
  1 in ERM II, without an opt-out (Bulgaria)
  1 in ERM II, with an opt-out (Denmark)
  5 not in ERM II, but obliged to join the eurozone on meeting the convergence criteria (Czech Republic, Hungary, Poland, Romania, and Sweden)
Non–EU member states
  4 using the euro with a monetary agreement (Andorra, Monaco, San Marino, and Vatican City)
  2 using the euro unilaterally (Kosovo and Montenegro)

Kosovo adopted the euro as its de facto legal tender in 2002[1] despite the territory not being a member of the Eurozone or the European Union. This succeeded its use of German marks from 1999.[2][3][4]

  1. ^ European Central Bank. "The Euro outside European Union". www.ecb.europa.eu. Retrieved 14 December 2019.
  2. ^ "Kouchner Signs Regulation on Foreign Currency" (Press release). 2 September 1999. Archived from the original on 18 January 2012.
  3. ^ "European Commission – Enlargement – Kosovo – Economic profile – Enlargement". European Commission. 30 October 2010. Archived from the original on 7 July 2012. Retrieved 31 January 2012.
  4. ^ "Euro used as legal tender in non-EU nations – Business – International Herald Tribune – The New York Times". International Herald Tribune. 1 January 2007. Archived from the original on 10 December 2008. Retrieved 31 January 2012.