When Will the 'Euro' be in Our Pockets? |
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Common terms and phrases
Amsterdam European Council become operational brief but concise CENT EURO CENT Central Banks ESCB changeover circulation and withdraw conduct foreign exchange convergence criteria conversion rates countries which meet decisions ECB and ESCB economic and monetary economic convergence economic policies ecu basket EURO CENT EURO Euro coins Euro notes euro will replace euro-area Europe European Central Bank European Commission European Monetary Institute European Monetary System European System European Union signed excessive government deficits exchange rates Executive Board foreign exchange market Governing Council GOVERNMENT DEBT gradually to put Growth Pact irrevocably fixed January Maastricht Madrid European Council Monetary Institute EMI monetary union national central banks national currencies national governments notes and coins operations in euros participating countries policy e.g. possible in 1998 practical terms price stability public debt put Euro reference ratio single currency single market single monetary policy Stability and Growth System of Central Treaty on European unemployment withdraw national