Egypt vs Euro area
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Economy power of Egypt & Euro area
World Rank 34
4.37
The official name of Egypt is the Arab Republic of Egypt. Interestingly, it is a transcontinental country that spreads from the northeast corner of Africa to the southwest corner of Asia. As you probably know, Egypt is the country with one of the longest histories in the world. It is a unitary semi-presidential republic, governed by President Abdel Fattah el-Sisi. Two other important figures in the nation are the Prime Minister (Moustafa Madbouly) and House Speaker (Ali Abdel Aal). The land coverage of Egypt is quite large because it is around 1 million square kilometers.
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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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