title: The Future of the Eurozone and U.S. Interests creator: Ahearn, Raymond J. creator: Jackson, James K. creator: Nelson, Rebecca M. creator: Weiss, Martin A. publisher: Library of Congress. Congressional Research Service. date: 2011-01-10 language: English description: Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests. subject: Foreign policy subject: Foreign economic relations - U.S. - European Union subject: Foreign economic relations - European Union - U.S. subject: Politics and government subject: Politics and government - European Union subject: International finance subject: Euro-dollar market subject: Finance subject: Financial crises subject: European Union coverage: Belgium coverage: Germany coverage: France coverage: Italy coverage: Luxembourg coverage: Netherlands coverage: Denmark coverage: Ireland coverage: United Kingdom coverage: Greece coverage: Spain coverage: Portugal coverage: Austria coverage: Finland coverage: Sweden coverage: Czechia coverage: Estonia coverage: Cyprus coverage: Latvia coverage: Lithuania coverage: Hungary coverage: Malta coverage: Poland coverage: Slovakia coverage: Slovenia coverage: Romania coverage: Bulgaria type: Report format: 28 pages. format: Text identifier: crs: R41411 identifier: local-cont-no: R41411_2011Jan10 identifier: https://digital.library.unt.edu/ark:/67531/metadc31475/ identifier: ark: ark:/67531/metadc31475