monetary union

listen to the pronunciation of monetary union
English - Turkish
(Ticaret) parasal birlik
(Hukuk) para birliği

Related Terms

monetary unions
para birlikleri
European Monetary Union
Avrupa Para Birliği
economic and monetary union
(Avrupa Birliği) (EMU) Ekonomik ve Parasal Birlik
English - English
agreement between countries to maintain a stable rate of exchange

Related Terms

Economic and Monetary Union
EMU
European monetary union
financial alliance among certain European countries
european monetary union
The system under which EU members seek to adopt a single currency and other monetary policies under provisions of the Maastrict Treaty
european monetary union
Under the terms of the Maastricht Treaty of December 1991, EMU should be implemented in three stages, in accordance with a fixed timetable
european monetary union
A currency union consisting of most of the members of the European Union, who in January 1999 aligned their monetary policies under a European Central Bank and adopted a common currency, the euro
european monetary union
(Emu), as provided for under the Maastricht Treaty, gave the EU a single currency - the euro The objective is national economic convergence with a view to national political convergence Denmark, Greece, Sweden and the UK all opted out of joining Emu at its commencement on 1 1 99, but Greece subsequently joined on 1 1 2001 The 3 other countries will hold a referendum The UK's economic cycle has gradually moved into phase with that of most euroland (eurozone, euroarea) countries, but the UK is unlikely to join Emu before 2003 at the earliest The UK government's 5 proposed tests for joining are
european monetary union
A group of European countries creating one currency for the entire region
monetary union

    Hyphenation

    mon·e·ta·ry un·ion

    Turkish pronunciation

    mänıteri yunyın

    Pronunciation

    /ˈmänəˌterē ˈyo͞onyən/ /ˈmɑːnəˌtɛriː ˈjuːnjən/
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