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O que (quem) é European Monetary System - definição
European Monetary System
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
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.
European Monetary System
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
The EMS was created in 1979 to support monetary stability, move Europe toward closer economic integration, and avoid disruptions in trade resulting from fluctuations in currency exchange rates. EMS members deposit gold and dollar reserves with the European Monetary Cooperation Fund (EMCF) in exchange for the issuance of European currency units (ecu). The EMS has three main features: the ecu, an exchange rate and intervention mechanism, and credit mechanisms to support member countries. All EC members except Greece and the United Kingdom participate in the exchange rate mechanism of the EMS. See: European Currency Unit, Exchange Rate Mechanism
European Flood Awareness System
EUROPEAN COMMISSION INITIATIVE
European Flood Alert System; EUFAS
The European Flood Awareness System is a European Commission initiative to increase preparedness for riverine floods across Europe.
Exemplos do corpo de texto para European Monetary System
1. To understand the Tory problem, we have to go back to 1''2 when John Major’s government was forced to depart, permanently as it turned out, from the exchange rate mechanism of the European monetary system.
2. The benefits of economic convergence became more evident in the context of the 1'70s energy crisis and financial turmoil, which led to the launch of the European Monetary System in 1'7'. In the same year, the first direct elections to the European Parliament (EP) took place.
3. Now that the French and Dutch have had their say on the constitution, The Times asks opinion–formers from all over the continent for their thoughts on the past, present and future of Europe Lord Lamont of Lerwick, Chancellor of the Exchequer 1''0–'3, who took Britain out of the European Monetary System÷ Europe needs to be completely rethought.