European Monetary Union

British

noun

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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European Monetary Union

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 fate of the common currency of the European Monetary Union, which is to be inaugurated Jan. 1, 1999, is a big reason.

From Time Magazine Archive

A member of the EU, it chose to remain outside the European Monetary Union for the time being.

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

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023