European Monetary System
Meaning of European Monetary System
In the context of Europe, and according to A Dictionary of Law, the following is a definition of European Monetary System : (EMS)
A financial system formed in March 1979 to develop closer cooperation in monetary policy among members of the European Community in advance of the liberalization of capital. It included the *Exchange Rate Mechanism (ERM) to stabilize exchange rates between member states as a precursor to *European Monetary Union. Directive 88/361 removed restrictions on the movement of capital between people resident in the member states. Article 102A of the Single European Act 1986 inserted a new Article (now called Article 98) into the Treaty of Rome to refer to the EMS. The UK has been a party to the EMS since Its inception and participated in the ERM from 1990 to 1992.
European Monetary System and the European Union
Resources
See Also
- EMS
Hierarchical Display of European Monetary System
Finance > Monetary relations
Finance > Monetary economics > Economic and Monetary Union
European Union > EU finance > EU financing > EU financial instrument
Agriculture, Forestry And Fisheries > Agricultural policy > Common agricultural policy > Agri-monetary policy > Representative rate
European Union > EU finance > EU financing > EU financial instrument > EU loan
Meaning of European Monetary System
Overview and more information about European Monetary System
For a more comprehensive understanding of European Monetary System, see in the general part of the online platform.[rtbs name=”xxx-xxx”]
Resources
Translation of European Monetary System
- Spanish: Sistema monetario europeo
- French: Système monétaire européen
- German: Europäisches Währungssystem
- Italian: Sistema monetario europeo
- Portuguese: Sistema Monetário Europeu
- Polish: Europejski System Walutowy
Thesaurus of European Monetary System
Finance > Monetary relations > European Monetary System
Finance > Monetary economics > Economic and Monetary Union > European Monetary System
European Union > EU finance > EU financing > EU financial instrument > European Monetary System
Agriculture, Forestry And Fisheries > Agricultural policy > Common agricultural policy > Agri-monetary policy > Representative rate > European Monetary System
European Union > EU finance > EU financing > EU financial instrument > EU loan > European Monetary System
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