Economic and Monetary Union of the European Union
![The Economic and Monetary Union (EMU) in the year 2015.
Members of the Eurozone
ERM-II-member with opt-out (Denmark)
EU-member with opt-out (United Kingdom)
The rest of the EU-members](/Images/godic/202501/12/Europäische_Wirtschafts-_und_Währungsunion.svg0703.png")
![](/Images/godic/202501/12/European_stars.svg0703.png")
![](/Images/godic/202501/12/Eurozone.svg0703.png")
![](/Images/godic/202501/12/EP-constituencies.svg0703.png")
The Economic and Monetary Union (EMU) is an umbrella term for the group of policies aimed at converging the economies of member states of the European Union at three stages. The policies cover the 19 eurozone states, as well as non-euro European Union states.