Sunday 20 November 2011

Europe, the EU and the Eurozone...

(Hello. It's been a while, hasn't it? I'll try to fill you in later, in case anyone's around still who cares...)

Today, though, I would like to be all pedagogic and explain something that I've seen being conflated repeatedly. (Not by any of you, remaining devoted readers, who are obviously brilliant. But others.)

Europe is the continent. It includes all the countries on the continent. It sometimes includes Turkey and usually includes Russia. (For Eurovision purposes, it seems to also include Israel, but that's clearly an unusual definition. Ignore it.) Notwithstanding the presence of sea, I would also include countries like the UK, Ireland and Iceland as part of Europe. (I realise those well-versed in geography might disagree. But they've probably had a nervous breakdown at my total inability to comprehend geography by now and left, so I'm comfortable saying the UK is part of Europe.)

The EU is the European Union. It has 27 member states. These are all part of Europe (per my happy and inclusive definition above, anyway) - but not all countries in Europe are part of the EU. (I'm half planning a lengthy explanation of the EU and its institutions at some point. If I haven't managed to bore everyone around me to death by then, that should finish everyone off.)

The Eurozone (or Euro Area as its also known) is made up of 17 of the EU countries. All the countries in the Eurozone are part of the EU, but not all EU countries are part of the Eurozone. Notable examples of EU countries that aren't in the EU are the UK and Denmark. Greece still is, at least at the time of writing.

I am now confident that this is clear to all, and expect to see no more confusion of these terms. Anywhere. By anyone. Because Google can direct them here and then they can understand all...

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