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EUROPEAN UNION COUNTRIES
On the 1st January, 2007 Bulgaria and Romania joined the European Union increasing the number of member states to 27.
The original 15 countries were:-
Austria - Belgium - Denmark - Finland - France - Germany - Greece Ireland - Italy - Luxembourg - Netherlands - Portugal - Spain - Sweden - United Kingdom
Joined by 10 others on the 1st May, 2004.
Cyprus - Czech Republic - Estonia - Hungary - Latvia - Lithuania Malta - Poland - Slovakia - Slovenia.
Latest 2 additions on 1st January, 2007.
Bulgaria and Romania
Thirteen of these countries currently use the Euro as their currency:-
| Belgium | France | Netherlands |
| Germany | Ireland | Austria |
| Greece | Italy | Portugal |
| Spain | Luxembourg | Finland |
| Slovenia |
Joined 1st January, 2007*** |
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*** More information http://www.evro.si/en/
N.B. Malta and Cyprus plan to join the Euro 1st January, 2008.
More information can be seen at -
http://www.mfin.gov.mt/page.aspx?site=NECC&page=default and http://www.euro.cy/euro/euro.nsf/dmlindex_en/dmlindex_en?opendocument
The conversion rates for the first countries to sign up, were established on 1st January, 1999. These rates are fixed as follows:-
| Currency | Conversion rate | Code |
| Austrian schilling | 13.7603 | ATS |
| Belgian franc | 40.3399 | BEF |
| Deutsche mark | 1.95583 | DEM |
| Spanish peseta | 166.386 | ESP |
| Dutch guilder | 2.20371 | NLG |
| Finnish markka | 5.94573 | FIM |
| French franc | 6.55957 | FRF |
| Irish punt | 0.787564 | IEP |
| Italian lira | 1936.27 | ITL |
| Luxembourg franc | 40.3399 | LUF |
| Portuguese escudo | 200.482 | PTE |
| Greek drachma | 340.750 | GRD |
| Slovenia 1.1.07. | 239.640 | SIT |
More detailed information can be found at -
http://www.euro.gov.uk/countrymenu.asp
| The Currency Exchange Calculator |