Djibouti vs Euro area
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Economy power of Djibouti & Euro area
World Rank 140
1.58
The Republic of Djibouti is a country located in the so-called Horn of Africa, a peninsula and the easternmost projection of the African continent. It has two natural neighbours such as the Red Sea and the Gulf of Aden. Besides that, they share a maritime border with Yemen. In terms of standard borders, the nation is bordered by Somaliland, Ethiopia, and Eritrea.
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The euro area (eurozone) is a monetary union of 19 member states of the European Union that have the euro as their primary currency.
List of member states: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Andorra, Monaco, San Marino, and Vatican City have formal agreements with the EU to use the euro as their official currency.
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