Euro as legal tender outside the eurozone: the theoretical and legal aspects

The thesis deals with countries that are monetary integrated with the eurozone in another form of monetary integration than monetary union, otherwise than by joining the eurozone. The aim of this thesis is to describe the forms of monetary integration, their legal aspects, advantages and disadvantages and the reasons leading to their creation. Furthermore to create an overview of countries where the euro is legal tender in the form of a currency board or euroisation. Explain the reasons for these countries led to the decision to create these forms of monetary integration. Outline whether this monetary integration is somehow accompanied with economic integration. Describe how the implementation of these decisions took place in individual countries and how it is legaly regulated. Evaluate the influence of the adoption of such measures on the domestic economy of each country. Countries which this thesis deals with are: Bulgaria, Bosnia and Herzegovina, Estonia, Lithuania, Andorra, Monaco, San Marino, Vatican City, Montenegro and Kosovo