translate English to French: Euro area: the area encompassing those Member States in which the euro has been adopted as the single currency in accordance with the Treaty and in which a single monetary policy is conducted under the responsibility of the ECB.
Écu (Unité de compte européenne) [ECU (European Currency Unit)] : avant la phase III de l’UEM, l’écu était un panier de monnaies composé de la somme de montants ﬁxes de douze des quinze monnaies des États membres de l’UE.