When Will the 'Euro' be in Our Pockets? |
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... frame and implement single monetary policy in Euros and conduct foreign exchange operations in Euros . • Member States to issue new public debt securities in Euros . 1 January 1994 • The European Monetary Institute ( EMI.
... frame and implement single monetary policy in Euros and conduct foreign exchange operations in Euros . • Member States to issue new public debt securities in Euros . 1 January 1994 • The European Monetary Institute ( EMI.
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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