European Monetary System
- The European Monetary System, abbreviated as EMS, was an exchange rate regime set up in 1979 (and which ended in 1999) to foster closer monetary policy co-operation between the central banks of the Member States of the European Economic Community (EEC). The objective of the EMS was to promote monetary stability in Europe. The European Monetary System was built on the concept of stable but adjustable exchange rates defined according to the newly created European currency unit (ECU) - a currency basket based on a weighted average of EMS currencies. Within the EMS, currency fluctuations were controlled through the Exchange Rate Mechanism (ERM).
- HN Replaced by ERM II (exchange rate mechanism II) at the start of Stage Three of economic and monetary union (EMU) on 1 January 1999 when the single currency was launched.
- UF EMS
- UF monetary snake
24FINANCE- MT
2406monetary relations - NT1 EMS exchange-rate mechanism
- NT2 central rate
- NT3 fluctuation margin
- NT1 European Monetary Cooperation Fund
- NT1 European Monetary Fund
- NT1 Monetary Committee (EU)
- RT Economic and Monetary Union (
2411) - RT EU financial instrument (
1021) - RT EU loan (
1021) - RT representative rate (
5606)
Mapping
- EXM gemet: GEMET (GEneral Multilingual Environmental Thesaurus - EEA)
- EXM zbw: ZBW (Thesaurus for Econmics)
Info
- Identifier: 4370
- Eur-lex: European Monetary System
- Version: n/a
- Valid since: 1952-06-16
- Current
Automatic translating
Language equivalents:
- bg европейска парична система
- cs Evropský měnový systém
- da Det Europæiske Monetære System
- de Europäisches Währungssystem
- el Ευρωπαϊκό Νομισματικό Σύστημα
- en European Monetary System
- es sistema monetario europeo
- et Euroopa Rahasüsteem
- fi Euroopan valuuttajärjestelmä
- fr système monétaire européen
- hr Europski monetarni sustav
- hu Európai Monetáris Rendszer
- it sistema monetario europeo
- lt Europos pinigų sistema
- lv Eiropas Monetārā sistēma
- mk Европски монетарен систем
- mt Sistema Monetarja Ewropea
- nl Europees Monetair Stelsel
- pl Europejski System Walutowy
- pt Sistema Monetário Europeu
- ro sistem monetar european
- ru Европейская валютная система
- sk Európsky menový systém
- sl evropski monetarni sistem
- sq Sistemi Monetar Europian
- sr европски монетарни систем
- sv Europeiska monetära systemet
- uk Європейська валютна система
English)