Algeria 
Bahrain 
Egypt 
Iran 
Iraq 
Israel 
Jordan 
Kuwait 
Lebanon 
Libya 
Morocco 
Oman 
Palestine * 
Qatar 
Saudi Arabia 
Syria 
Tunisia 
United Arab Emirates 
Yemen The role of the euro in Southern neighbourhood countries
July 1, 2022
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This paper explores the role of the euro in the Southern neighbourhood of the EU, notably in Algeria, Egypt, Israel, Jordan, Lebanon, Libya, Morocco and Tunisia. This analysis is based on a survey conducted by the European Commission in 2021 on the use of the euro and other currencies in these countries, as well as other relevant sources and is performed across five main dimensions: cross-border trade transactions, remittances, foreign exchange reserves, external public debt and the commercial banking sector.
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The role of the euro in Southern neighbourhood countries
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