European Exchange Mechanism

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• European Exchange Rate Mechanism — The European Exchange Rate Mechanism, ERM, was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in… …   Wikipedia

• European exchange rate mechanism — ( ERM) The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. Bloomberg Financial Dictionary …   Financial and business terms

• European Exchange Rate Mechanism — noun (singular) the ERM; a system for controlling the exchange rate between the money of the different countries of the European Union …   Longman dictionary of contemporary English

• European System of Central Banks — European Union This article is part of the series: Politics and government of the European Union …   Wikipedia

• European Central Bank — European Central Bank …   Wikipedia

• European Union — 1. an association of European nations formed in 1993 for the purpose of achieving political and economic integration. Formerly known as the European Economic Community, the European Union s member states are Austria, Belgium, Denmark, Finland,… …   Universalium

• European Union — <p></p> <p></p> Introduction ::European Union <p></p> Preliminary statement: <p></p> The evolution of what is today the European Union (EU) from a regional economic agreement among six neighboring… …   The World Factbook

• EUROPEAN AFFAIRS — ▪ 1994 Europe.       After a long period of uncertainty and introspection, the European Community (EC) or the European Union, as it became known after the Maastricht Treaty on European Union entered into force on November 1 ended 1993 on a… …   Universalium

• European Currency Unit — Infobox Currency iso code = XEU using countries = European Community and later the European Union pegged with = The ECU was a basket of currencies symbol = ₠ (rare), ECU or XEU plural = usually ECUs used coins = Gibraltar issued commemorative Ecu …   Wikipedia

• European Monetary System — (EMS) a European monetary unit, an exchange rate intervention mechanism and a transfer mechanism established in 1978 under the law of the European Communities. It is this system that established the European Currency Unit (ECU), a currency used… …   Law dictionary

• Exchange Rate Mechanism — (ERM) One of the components for the establishment of the single European currency. It provided a central exchange rate for national currencies against the European Currency Unit, thereby intending to stabilise exchange rates, encourage trade… …   Law dictionary