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Was (wer) ist currency union - definition
Currency union
TWO OR MORE STATES SHARING THE SAME CURRENCY WITHOUT THEM HAVING ANY FURTHER INTEGRATION
Monetary union; Currency Union; Monetary Union; Single currency; Common currency; List of monetary unions; Currency bloc; Monetary agreement
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market).
common currency
TWO OR MORE STATES SHARING THE SAME CURRENCY WITHOUT THEM HAVING ANY FURTHER INTEGRATION
Monetary union; Currency Union; Monetary Union; Single currency; Common currency; List of monetary unions; Currency bloc; Monetary agreement
If you say that an idea or belief has become common currency, you mean it is widely used and accepted.
The story that she was trapped in a loveless marriage became common currency.
N-UNCOUNT
single currency
TWO OR MORE STATES SHARING THE SAME CURRENCY WITHOUT THEM HAVING ANY FURTHER INTEGRATION
Monetary union; Currency Union; Monetary Union; Single currency; Common currency; List of monetary unions; Currency bloc; Monetary agreement
¦ noun a currency used by all the members of an economic federation.
?(also single European currency) the currency (the euro) which replaced the national currencies of twelve member states of the European Union in 2002.
Beispiele aus Textkorpus für currency union
1. "We want to move very cautiously on Asian currency union but we‘re positive on greater regional financial integration," he said.
2. The GCC countries, which supply a fifth of the world’s oil needs, are working toward a currency union by 2010.
3. Critics see the plan as a possible precursor to a regional currency arrangement or even currency union.
4. The decision of Kuwait apparently has been taken alone, although it has severe ramifications for the planned GCC currency union.
5. Otmar Issing, an ECB executive board member, said that what was lacking to turn the eurozone into an "optimal currency union" was product and labour market flexibility.