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European Monetary Union (EMU)

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  • European Monetary Union — ➔ EMU * * * European Monetary Union UK US noun [S or U] ECONOMICS, POLITICS ► EMU(Cf. ↑EMU) …   Financial and business terms

  • European Monetary Union — (EMU) European countries participating in the EMU hand over the conduct of their monetary policy to the European Central Bank and respect guidelines on government spending; they have also adopted the euro as their national currency. For further… …   Law dictionary

  • European Economic and Monetary Union - EMU — The successor to the European Monetary System (EMS), the combination of European Union member states into a cohesive economic system, most notably represented with the adoption of the euro as the national currency of participating members. The… …   Investment dictionary

  • European Monetary Union — /ˌjυərəpi:ən m nɪt(ə)ri ju:njən/ noun the process by which some of the member states of the EU joined together to adopt the euro as their common currency on 1st January 1999. Abbreviation EMU …   Dictionary of banking and finance

  • Economic and Monetary Union (EMU) — a three stage process for establishing Economic and Monetary Union in the European Communities, proposed by a committee of the European Council in 1989 (although a currency snake was a clear precursor). The first stage simply involves the… …   Law dictionary

  • Committee for the Creation of European Monetary Union —   An interest group of politicians, financiers and industrialists established in 1988 to argue the case for full Economic and Monetary Union (EMU) …   Glossary of the European Union and European Communities

  • European Monetary System — EMS A system of exchange rate stabilization involving the countries of the European Union, which began operations in 1979. There were two elements: the Exchange Rate Mechanism (ERM), under which participating countries committed themselves to… …   Accounting dictionary

  • European Monetary System — EMS A system of exchange rate stabilization involving the countries of the European Union, which began operations in 1979. There were two elements: the Exchange Rate Mechanism (ERM), under which participating countries committed themselves to… …   Big dictionary of business and management

  • European Monetary Institute — EMI An organization set up by the Maastricht Treaty in 1991 in order to coodinate the economic and monetary policy of members of the European Union until the achievement of European Monetary Union (EMU; see European Monetary System). It was… …   Big dictionary of business and management

  • European Monetary System - EMS — A 1979 arrangement between several European countries which links their currencies in an attempt to stabilize the exchange rate. This system was succeeded by the European Monetary Union (EMU), an institution of the European Union (EU), which… …   Investment dictionary

  • European Monetary System — ( EMS) A system adopted by European Community members with the aim of promoting stability by limiting exchange rate fluctuations. The system was originated in 1979 by the nine members of the European Community ( EC). The EMS comprised three… …   Financial and business terms


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