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etimología

Qué (quién) es European Monetary Union - definición

ORGANIZATION ESTABLISHED IN 1979 UNDER THE JENKINS EUROPEAN COMMISSION

EMS-1; European Monetary System 2; European Currency Snake; European Monetary system; Draft:European Monetary System

European Monetary Union

See: Maastricht Treaty

European banking union

EUROPEAN POLITIC

EU banking union; EU Banking Union; European Union Banking Union; European Union banking union; Banking union (Europe); Banking Union; Single Rulebook; Single rulebook; Banking union; Banking union of the European Union; European Banking union

The banking union of the European Union is the transfer of responsibility for banking policy from the national to the EU level in several EU member states, initiated in 2012 as a response to the Eurozone crisis. The motivation for banking union was the fragility of numerous banks in the Eurozone, and the identification of vicious circle between credit conditions for these banks and the sovereign credit of their respective home countries ("bank-sovereign vicious circle").

https://en.wikipedia.org/wiki/European_banking_union

Libya–European Union relations

BILATERAL DIPLOMATIC RELATIONS

European Union-Libya relations; Libya-European Union relations; European Union–Libya relations

Libya–European Union relations are the foreign relations between the country of Libya and the European Union.Although there has been a large degree of integration between European Union member states, foreign relations is still a largely intergovernmental matter, with the 28 members controlling their own relations to a large degree.

https://en.wikipedia.org/wiki/Libya–European_Union_relations

Wikipedia

European Monetary System

The European Monetary System (EMS) was a multilateral adjustable exchange rate agreement in which most of the nations of the European Economic Community (EEC) linked their currencies to prevent large fluctuations in relative value. It was initiated in 1979 under then President of the European Commission Roy Jenkins as an agreement among the Member States of the EEC to foster monetary policy co-operation among their Central Banks for the purpose of managing inter-community exchange rates and financing exchange market interventions.

The EMS functioned by adjusting nominal and real exchange rates, thus establishing closer monetary cooperation and creating a zone of monetary stability. As part of the EMS, the EEC established the first European Exchange Rate Mechanism (ERM) which calculated exchange rates for each currency and a European Currency Unit (ECU): an accounting currency unit that was a weighted average of the currencies of the 12 participating states. The ERM let exchange rates to fluctuate within fixed margins, allowing for some variation while limiting economic risks and maintaining liquidity.

The European Monetary System lasted from 1979 to 1999, when it was succeeded by the Economic and Monetary Union (EMU) and exchange rates for Eurozone countries were fixed against the new currency the Euro. The ERM was replaced at the same time with the current Exchange Rate Mechanism (ERM II).

https://en.wikipedia.org/wiki/European Monetary System

Ejemplos de uso de European Monetary Union

1. The countries of the European Monetary Union contribute 10 percent.

2. They were the centrepiece of a government austerity drive to ensure France qualified for European monetary union.

3. "The new government will have to provide convincing arguments that the country is still well equipped to live and prosper in the European monetary union," he adds.

4. The Bush administration also has supported a proposal to consolidate representation of countries of the European monetary union on the executive board.

5. The ECB and others have dismissed talk of an end to European monetary union as "absurd" and most economists said the prospect of this is remote.