When Will the 'Euro' be in Our Pockets? |
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Page 6
... monetary union begins . Capital movements in the EU Member States are fully liberalized ( except where temporary derogations have been granted ) . 1 January 1993 The single market is completed . 1 November 1993 ... Monetary Institute ( EMI.
... monetary union begins . Capital movements in the EU Member States are fully liberalized ( except where temporary derogations have been granted ) . 1 January 1993 The single market is completed . 1 November 1993 ... Monetary Institute ( EMI.
Page 7
R 9 EURO 10 EKA $ 4. 1 January 1994 • The European Monetary Institute ( EMI ) is set up in Frankfurt . • Procedures for coordinating economic policies at European level are strengthened . • Member States strive to combat ' excessive ...
R 9 EURO 10 EKA $ 4. 1 January 1994 • The European Monetary Institute ( EMI ) is set up in Frankfurt . • Procedures for coordinating economic policies at European level are strengthened . • Member States strive to combat ' excessive ...
Page 4
... economic and monetary policy of the Union ? This is how responsibilities will be shared : Economic policy : the ... Institute ( EMI ) , set up in 1994 to prepare the way for the single currency . Exchange - rate policy : decisions to be ...
... economic and monetary policy of the Union ? This is how responsibilities will be shared : Economic policy : the ... Institute ( EMI ) , set up in 1994 to prepare the way for the single currency . Exchange - rate policy : decisions to be ...
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Common terms and phrases
15 Member become operational brief but concise Central Bank ECB changeover circulation and withdraw Community conditions for taking conduct foreign exchange convergence criteria conversion rates countries which meet currencies by speculators ECB and ESCB economic and monetary economic convergence economic policies ecu basket EMU begins Euro area Euro coins Euro notes Europe European Central Bank European Commission European Monetary Institute European Monetary System European System European Union signed excessive deficit foreign reserves frame and implement Frankfurt-based GOVERNMENT DEBT government deficits gradually to put irrevocably fixed January join the Euro latest Maastricht Madrid European Council Monetary Institute EMI monetary union national central banks national governments notes and coins operations in Euros participating countries pean POCKETS possible in 1998 practical terms pre-ins price stability put Euro reference ratio separate national currencies single currency single market single monetary policy System of Central Treaty on European uncertainty about interest withdraw national