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Home›Vatican Finances›Which countries feature women on banknotes?

Which countries feature women on banknotes?

By Sophia Jacob
March 8, 2022
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Who are the Member States of Europe?

With Ukraine’s recent application to join the European Union (EU), the current status of Europe’s member states is in question.

European Member States are countries primarily within Europe, and three outside, that are part of one or more of the four main treaty groups, namely the European Union (EU), NATO, Schengen and the eurozone.

Each of these institutions governs a different aspect of the region’s infrastructure.

Let’s take a look at each of them.

European Union

the European Union (EU) is a unique economic and political union between 27 European countries.

First established as the European Economic Community in the aftermath of World War II, the organization’s main purpose was to foster economic cooperation. The idea was simple: countries that trade with each other and become economically interdependent are more likely to avoid conflict.

Starting with six countries in 1958, the European Economic Community has since added 21 more countries (the UK left the EU in 2020), with a main focus on one or domestic markets.

The countries that make up the European Union are:

Number Countries Membership year
1 🇦🇹 Austria 1995
2 🇧🇪 Belgium Founder
3 🇧🇬 Bulgaria 2007
4 🇭🇷 Croatia 2013
5 🇨🇾 Cyprus 2004
6 🇨🇿 Czech Republic 2004
7 🇩🇰 Denmark 1973
8 🇪🇪 Estonia 2004
9 🇫🇮 Finland 1995
ten 🇬🇧France Founder
11 🇩🇪 Germany Founder
12 🇬🇷 Greece nineteen eighty one
13 🇭🇺 Hungary 2004
14 🇮🇪 Ireland 1973
15 🇮🇹 Italy Founder
16 🇱🇻 Latvia 2004
17 🇱🇹 Lithuania 2004
18 🇱🇺 Luxemburg Founder
19 🇲🇹 Malta 2004
20 🇳🇱 Netherlands Founder
21 🇵🇱 Poland 2004
22 🇵🇹 Portugal 1986
23 🇷🇴 Romania 2007
24 🇸🇰 Slovakia 2004
25 🇸🇮 Slovenia 2004
26 🇪🇸 Spain 1986
27 🇸🇪 Sweden 1995

What started as a purely economic union has grown into a pioneering organization in the development of many different policy areas. A name change from the European Economic Community to the European Union in 1993 reflected this.

NATO

the North Atlantic Treaty Organization (NATO) exists for the sole purpose of facilitating a political and military alliance between its 30 member countries.

Created in 1949 in response to Soviet aggression after World War II, NATO exists for the collective defense and security of the group. Members share few laws and regulations. An attack on one is an attack on all, and Member States are obliged to defend each other.

The chronology of NATO’s expansion since its inception paints a fascinating picture.

As of 2021, NATO officially recognizes three aspiring NATO members: Bosnia and Herzegovina, Georgia and Ukraine. Ukraine expressed its desire to join NATO since 2014 but did not fulfill its political and military criteria.

Eurozone

the eurozone is a geographical and economic region made up of countries that have adopted the euro as their national currency. Approximately 340 million people live in the eurozone.

Today, the euro zone consists of 19 countries of the European Union. Here they are:

Number Countries Year adopted
1 🇦🇹 Austria 1999
2 🇧🇪 Belgium 1999
3 🇨🇾 Cyprus 2008
4 🇪🇪 Estonia 2011
5 🇫🇮 Finland 1999
6 🇬🇧France 1999
7 🇩🇪 Germany 1999
8 🇬🇷 Greece 2001
9 🇮🇪 Ireland 1999
ten 🇮🇹 Italy 1999
11 🇱🇻 Latvia 2014
12 🇱🇹 Lithuania 2015
13 🇱🇺 Luxemburg 1999
14 🇲🇹 Malta 2008
15 🇳🇱 Netherlands 1999
16 🇵🇹 Portugal 1999
17 🇸🇰 Slovakia 2009
18 🇸🇮 Slovenia 2007
19 🇪🇸 Spain 1999

European Union countries that decide to participate in the Eurozone must meet a multitude of financial requirements. They include price stability, sound public finances, sustainability of convergence and exchange rate stability.

However, not all countries have to adopt the currency. For example, Denmark has a special opt-out to use its own currency and maintain financial independence.

Schengen

the Schengen area includes 26 European countries that have agreed to create common entry and exit requirements to remove the need for internal borders. This allows travelers up to 90 days to travel without a visa to one of the countries of the Schengen area.

The borderless Schengen area guarantees free movement to more than 400 million EU citizens, as well as third-country nationals living in the EU or visiting as tourists, exchange students or for business purposes.

Here is a list of the 26 countries that are part of the Schengen area:

Number Countries Year of implementation
1 🇦🇹 Austria 1997
2 🇧🇪 Belgium 1995
3 🇨🇿 Czech Republic 2007
4 🇩🇰 Denmark 2001
5 🇪🇪 Estonia 2007
6 🇫🇮 Finland 2001
7 🇬🇧France 1995
8 🇩🇪 Germany 1995
9 🇬🇷 Greece 2000
ten 🇭🇺 Hungary 2007
11 🇮🇸 Iceland 2001
12 🇮🇹 Italy 1997
13 🇱🇻 Latvia 2007
14 🇱🇮 Liechtenstein 2011
15 🇱🇹 Lithuania 2007
16 🇱🇺 Luxemburg 1995
17 🇲🇹 Malta 2007
18 🇳🇱 Netherlands 1995
19 🇳🇴 Norway 2001
20 🇵🇱 Poland 2007
21 🇵🇹 Portugal 1995
22 🇸🇰 Slovakia 2007
23 🇸🇮 Slovenia 2007
24 🇪🇸 Spain 1995
25 🇸🇪 Sweden 2001
26 🇨🇭 Switzerland 2008

Monaco, Vatican City and San Marino also have open borders with the countries of the Schengen area even if they are not part of the treaty.

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