the European countries which use the Euro as a Common Currency, seen as a group.

Also called Euroland

"...the European Central Bank left the door open yesterday for a cut in Eurozone interest rates" [Financial Times]

"...a sustained recovery in the euro will require either a sharp Slowdown in US growth or a rise in inflation and interest rates in the Eurozone beyond that already discounted" [Investors Chronicle]

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European Economic and Monetary Union
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