EMU

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Related to European Monetary Union: European Monetary System, European Union, European Central Bank

EMU

abbreviation for ECONOMIC AND MONETARY UNION.

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(Greece was ruled by a military junta from 1967 to 1974.) And they are also haunted by the fear that a Grexit --Greek withdrawal--may lead to a collapse of the European Monetary Union, or at least a severe diminution of its size and influence in the long term.

Under construction: Brian Easton looks at the state of the European Union in light of his observations during a recent visit

James (European studies, Princeton U.) presents an account of the origins and development of the European Monetary Union. He argues that it was not a fundamentally political project, as some have asserted, but instead was a response to genuine problems of currency instability and misalignment at the international level that gained greater momentum in those moments when global imbalances threatened the international economic system in the late 1960s, the late 1970s, and the late 1980s.

Making the European Monetary Union; the role of the Committee of Central Bank Governors and the origins of the European Central Bank

Even plans that seemed sophisticated and well thought out in advance of the European Monetary Union have proven to be perilously incomplete.

THE END OF THE GCC MONETARY UNION?

For the EU just took a great leap forward to force Europe's most indebted nations to surrender their economic independence or be expelled from the European Monetary Union. The PIGS--Portugal, Ireland, Italy, Greece, and Spain--may rebel.

PIGS crash to earth

Angela Merkel, the German Chancellor, warned on Saturday that the were the European monetary union to collapse it would "shake the whole European project" to its foundations.

Euro falls over debt fears

The precedent of the European monetary union highlights the critical role of a proper institutional driver as now embodied in the GCC Monetary Council.

Monetary union 'is on the cards'

To the shock of many, Sarkozy launched no less than an all-out attack against the foundations of the European Monetary Union, and then proposed the setting up of a euro-area "economic government" as a "counterweight" to the European Central Bank in order to "coordinate" monetary and fiscal policies.

Sarkozy's field trip

Some member countries of the European Monetary Union showed signs of economic weakness before the euro was introduced.

The European Union

Membership of the euro was supported by 54.9% while 40.3% of respondents preferred to stay outside of the European monetary union, reported the Danish news agency Ritzau.

Survey shows Danish voters support scrapping of EU opt-outs

The new voting system takes different sizes of the European Monetary Union into account.

The impact of EU enlargement on voting procedures of the ECB Governing Council

And, after closely watching the performance of the other 12 nations which joined European Monetary Union on January 1, 2002, it was decided that there should be only a two-month dual currency period in the UK.

The euro debate: Details have been drawn up ready to introduce new notes and coins

In that sense, the European monetary union is not monetary progress; it is political progress confirming the triumph of Monnet's pioneering vision." What was Monnet's ultimate vision?