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Showing results for European Monetary Union. Search instead for austrian monetary unit.

European Monetary Union

British  

noun

  1.  EMU.  the agreement between members of the European Union to establish a common currency. The current participating members are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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Robert Mundell's work on the collapse of Bretton Woods paved the way for European Monetary Union.

From The Guardian Jun. 26, 2012

Buffett said at the conference yesterday that the European Monetary Union is under pressure.

From BusinessWeek May 2, 2011

“We fear renewed pressure of European Monetary Union sovereigns in a difficult funding season in the first quarter.”

From BusinessWeek Jan. 5, 2011

The process of melding a number of currencies into one is called European Monetary Union, which is customarily expressed by the acronym EMU.

From Time Magazine Archive

A prosperous country, Austria entered the European Monetary Union in 1999.

From The 2002 CIA World Factbook by United States. Central Intelligence Agency

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