Eurozone

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/eurozone

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. Who wrote Eurozone?The Eurosystem, led by the European Central Bank (ECB)
2. What is the number of eurozone member states?20
3. What is the primary legal tender?Euro (€)
4. How many countries use the euro right now?Twenty countries use the euro today. A 21st country, Bulgaria, will join on January 1, 2026.
5. When did people start using euro coins and notes?Euro coins and notes were first used on January 1, 2002. Before that, people used their own national money.

Economic and Monetary Union (EMU): A framework for coordinating economic and monetary policies among EU member states, including the adoption of the euro.
Convergence Criteria: Economic indicators that EU countries must meet to adopt the euro as their currency.
European Central Bank (ECB): The central bank responsible for monetary policy and issuing banknotes for the Eurozone.
Fiscal Policy: Government decisions regarding taxation and spending, which largely remain national responsibilities within the Eurozone.