41. BBC NEWS | In Depth | Euro-glossary | EMU (Economic And Monetary Union) emu proper was initiated by the Delors Report, which became the basis for the Maastricht Treaty. 13 Mar 01 euroglossary. Ecu (european currency Unit) http://news.bbc.co.uk/1/hi/in_depth/europe/euro-glossary/1216791.stm

CATEGORIES TV RADIO COMMUNICATE ... INDEX SEARCH You are in: In Depth: Euro-glossary News Front Page World ... Programmes SERVICES Daily E-mail News Ticker Mobile/PDAs Text Only ... Help EDITIONS Change to World Monday, 30 April, 2001, 11:14 GMT 12:14 UK EMU (Economic and monetary union) Markets began trading in euros in January 1999 The process of bringing the economies of the EU member states into line, with the ultimate aim of introducing a single currency, is known as economic and monetary union. Roy Jenkins launched the first step towards this goal when, as Commission President in 1979 he launched the European Monetary System. This consisted of the Ecu - an artificial currency unit - and the Exchange Rate Mechanism, which tied European exchange rates together. EMU proper was initiated by the Delors Report, which became the basis for the Maastricht Treaty. This laid out three stages towards building a single European currency: Stage 1 July 1990 - Dec 1993: Free movement of capital Narrowing of ERM band Closer co-operation between central banks Closer co-ordination of economic policies Stage 2 Jan 1994 - Dec 1998: Convergence of member states' economic and monetary policies Establishment of European Central Bank Independence of national banks Participating countries fix their exchange rates Stage 3 Jan 1999 onwards Introduction of single currency as an electronic currency Launch of euro notes and coins In many countries, the Maastricht Treaty faced strong opposition and in the end Denmark and the UK won opt-outs from stage 3 of EMU.

42. Europe's Fateful Union emu. In just a bit over nine months, the euro will be born, The single currency is a dramatic innovation, but it comes after nearly 50 years of http://www.leftbusinessobserver.com/EMU.html

Home Mail Articles Stats/current ... Links LBO EMU In just a bit over nine months, the euro will be born, and the next stage in the process of European economic and monetary union (EMU) will begin. Of the fifteen countries that make up the European Union (EU), eleven (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain) will begin a three-year process of dissolving their national currencies into a single continental one (w hose symbol is shown nearby). Three (Denmark, Sweden, and the UK) are holding off on this step, and one (Greece) just wasn't tough enough to make the cut this time around. That cut was made mainly on the basis of the state of government finances, specifically the budget deficit and the amount of debt outstanding. Few other considerations, like income levels or industrial structures or demographics or culture, entered the picture. Americans accustomed to thinking of Western Europe as a less austere and less orthodox way of doing capitalism should revise those thoughts immediately; Europe is now run by econocrats and central bankers, and it has become the most austere and most orthodox region of the world, with balanced budgets and hard money taking the front seat, and everything else either in the back seat or left behind entirely.

43. Euro Know - Library Of Speeches He discussed the role of the euro as a reserve currency, become internal trade under emu, the euro s role as an international invoicing currency will be http://www.euro-know.org/speeches/paperschieber1.html

Letters to the editor Polls and Comment Library - an archive of speeches ... BRITISH MANAGEMENT DATA FOUNDATION 'THE INTERNATIONAL ROLE OF THE EURO' Helmut Schieber Deutsche Bundesbank Frankfurt 21 September 1998 BMDF SYNOPSIS The full text is attached of an pertinent speech on 'The International Role of the Euro' which was made by Helmut Schieber, a member of the Directorate of the Deutsche Bundesbank at the 'Euromoney' conference held at Frankfurt on 21 September 1998. He discussed the role of the Euro as a reserve currency, as an investment currency and as a transaction currency and then reviewed some important considerations affecting a satisfactory introduction of the Euro. Among the points Herr Schieber made were: * 'World foreign exchange reserves amounted to around US$ 1.614 billion at the end of March 1998 - the share of the US dollar roughly 61%, the D-Mark roughly 13% [and] European currencies (including balances in private ECU, but excluding Swiss franc) together a share of some 20%. However, a substantial proportion of the reserve assets denominated in D-Mark is held by European central banks which will become part of the ESCB upon entry into Stage Three of EMU. All assets that are denominated in national currencies of the future euro area countries will be converted into euro assets and will lose their character as currency reserves for central banks inside the euro area.

44. Euro Know - Questions And Answers The euro is the single currency which has replaced French francs, emu is a political matter; it involves a massive loss of sovereignty over the powers http://www.euro-know.org/euroqa.html

Letters to the editor Polls and Comment Library - an archive of speeches ... Links QUESTIONS AND ANSWERS ON BRITAIN AND THE EURO You are being persuaded to agree to our giving up the pound and putting the Euro in its place. Some powerful voices- the government, the European Commission in Brussels, and a few large multinational businesses- are saying you should. This paper explains why you should not agree- and remember there has to be a referendum so your view does matter, unlike the views of the German people for example who like so many others in Europe were not consulted. What is the Euro? The euro is the single currency which has replaced French francs, German marks, Italian liras - and the currencies of the other nine countries of the EU that have decided to join this currency project. On January 1 1999 these currencies were fixed in value against one another and made units of the euro. The notes and coins of the 12 previous currencies were replaced with euro notes and coins early in 2002. (Question 1) Further explained Is the Euro merely an economic matter?

45. ECB: All Glossary Entries Glossary euro. The name of the european single currency adopted by the european Council Prior to Stage Three of emu, the ECU was a basket currency made up of the http://www.ecb.int/home/glossary/html/glosse.en.html

Skip navigation Home Site Directory Glossary ... Languages en The European Central Bank Press Events Publications ... Monetary Policy Direct access for students for job applicants for suppliers Economic research ... Legal framework Future events Weekly schedule Schedules for the meetings of the Governing Council Languages available ECB Cultural Days, 2-28 November 2005 ... TARGET All glossary entries Search for words of your choice in the list below (3 characters minimum): A B C D ... Monetary policy E e-money See electronic money (e-money) back to top earmarking system A system for central banks' collateral management where liquidity is provided against assets earmarked for each individual transaction. back to top ECB See European Central Bank (ECB) back to top ECB payment mechanism (EPM) The payment arrangements organised within the ECB and connected to TARGET for the purpose of effecting: (i) payments between accounts held at the ECB; and (ii) payments through TARGET between accounts held at the ECB and at the national central banks. back to top ECB time The time of the place in which the ECB is located.

46. ECB: Economic And Monetary Union Stage Two of emu, establishment of the EMI and the ECB to name the european currency unit to be introduced at the start of Stage Three, the ‘euro , http://www.ecb.int/ecb/history/html/index.en.html

Skip navigation Home Site Directory Glossary ... el en es et fi fr ... Monetary Policy Navigation Path: Home The European Central Bank History Back to The European Central Bank ... European Community Related information Map of euro area The mission of the European Central Bank Economic and Monetary Union (EMU) In June 1988 the European Council confirmed the objective of the progressive realisation of Economic and Monetary Union (EMU). It mandated a committee chaired by Jacques Delors, the then President of the European Commission, to study and propose concrete stages leading to this union. The resulting Delors Report proposed that economic and monetary union should be achieved in three discrete but evolutionary steps. Stage One of EMU Stage Two of EMU Stage Three of EMU Stage One of EMU On the basis of the Delors Report, the European Council decided in June 1989 that the first stage of the realisation of economic and monetary union should begin on 1 July 1990. On this date, in principle, all restrictions on the movement of capital between Member States were abolished. Committee of Governors The Committee of Governors of the central banks of the Member States of the European Economic Community, which had played an increasingly important role in monetary cooperation since its creation in May 1964, was given additional responsibilities. These were laid down in a Council Decision dated 12 March 1990. Their new tasks included holding consultations on, and promoting the coordination of, the monetary policies of the Member States, with the aim of achieving price stability.

47. Euro Links apply for european countries which have not converted to euro currency. emu States of Guernsey Information on emu information on how the euro will http://www.icaew.co.uk/library/index.cfm?AUB=tb2i_7032,MNXI_27910

48. Euro Archive Working with the single currency , and Ready for the euro? States of Guernsey Information on emu information on how the euro will affect Guernsey, http://www.icaew.co.uk/library/index.cfm?AUB=TB2I_59333,MNXI_59333

49. Euro Special Report - The Links There are links to breaking news, a euro currency converter, Large euro section on this site covers all aspects of the euro and emu in detail with the http://www.financewise.com/public/edit/emu/links/eu-media.htm

Media, Information Providers Back to EURO Links index Site Information (24 sites) BBC Media Euro Link http://www.bbc.co.uk/euro Abstract Large site from the British Broadcasting Corporation aimed at keeping UK citizens regularly informed on how the single currency will affect them. There are links to breaking news, a euro currency converter, an interactive map of those countries involved and analysis and case studies by BBC staff. There are also selected audio and video clips taken from popular programmes. HQ: UK Core Operations: Global Language: English Bloomberg Information provider Euro Link http://www.bloomberg.com/emu/euroupdate.html Abstract Euro section has calculations and methodologies, a Data License Guide to the EURO, FAQs, a glossary, EMU Update, and contact details. HQ: USA Core operations: Global Language: English Bridge Information provider Euro Link http://www.bridge.com/Euro/ Abstract Large Euro section on this site covers all aspects of the Euro and EMU in detail with the addition of specific country files. There are sections on Bridges own preparations with several White Papers on the topic.

50. Accounting Directory - EMU/Euro A Directory of Links to emu/euro Resources. euro 2002 Introduction to the euro currency for Beginners and Professionals euro Brief Overview, emu http://cpateam.com/accounting-emuandeuro.htm

ACCOUNTING DIRECTORY - EMU/EURO All About the Euro EU States, Banking Regulations, News and a Currency Converter Alphametrics FXAT Euro Currency Compliance Association for the Monetary Union of Europe Detailed Information Regarding the Euro Association for the Monetary Union of Europe EMU and the Euro Links Bank of England Practical Issues Arising From the Euro and Its Impact on Business ComLinks.com Preparing Information Systems for the EURO CompuWare Ensures Quality in Euro Conversion Projects CPMnet Currency Compliance - Next IT Headache: Impending Euro Conversion The Double Whammy Year 2000 and EMU EmuNet Independent Hub for Information and Debate on Emu from the UK Perspective EU Central Banks Central Banks and International Organizations on the WWW Euro Everything You Wanted to Know About the Euro (But Were Afraid to Ask) Euro One Currency for Europe: "Euro Essentials" and "The Euro and You" Euro Preparation Guide for Companies Euro 2002 Introduction to the Euro Currency for Beginners and Professionals Euro Brief Overview, EMU Implementation, Fiscal Convergence and Impact Assessment

51. The Hindu : Euro Cash For Euroland Since its inception in 1999, the emu has had a common currency, the euro. But whereas during the first three years of the emu while the euro has remained http://www.hindu.com/thehindu/2001/09/02/stories/06020005.htm

Online edition of India's National Newspaper Sunday, September 02, 2001 Front Page National Southern States Other States ... Next Euro cash for euroland By C. R. L. Narasimhan The countdown to a complete euro regime in the 12 countries of the European Monetary Union (EMU) - Greece joined the original 11 member countries this year - has begun in right earnest. Since its inception in 1999, the EMU has had a common currency, the euro. But whereas during the first three years of the EMU while the euro has remained the common currency it was more a ``book'' currency or a ``virtual'' currency. Euro cash - bank notes - as we understand them have not been in circulation all these three years, even as the euro became the dealing room currency, widely used in inter-bank transactions and commerce. But for the common man in those countries and for travellers to the euro zone the individual currencies have continued to matter. In fact, euro currency notes were not intended to be circulated until three years later. Countries of the EMU continued to deal in their own currencies. Thus, in Germany cash transactions have been in deutschemark, in Italy the lira and so on. Each of these has had a fixed equation to the euro, which has been till date a book currency. So there is more than ordinary excitement when the EMU decides to introduce euro bank notes as legal tender in all the 12 countries of about 300 million people and forming an extremely powerful economic group. The date will be January 1, 2002. Over the next two months thereafter euro notes and coins will be put into circulation. Simultaneously, individual currencies (deutschemark, French franc and the like) will be withdrawn. Sentiment aside, there are tremendous logistics problems. A recent Deutsche Bank research paper (July 26) gives some interesting insights into the euro preparations as they enter the last lap.

52. International Economy, The: Give The Euro Greater Currency - Euro To Gain Credib Full text of the article, Give The euro Greater currency euro to gain credibility by more The emu countries should therefore welcome euroization. http://www.findarticles.com/p/articles/mi_m2633/is_6_14/ai_68145868

@import url(/css/us/style1.css); @import url(/css/us/searchResult1.css); @import url(/css/us/articles.css); @import url(/css/us/artHome1.css); Home Advanced Search IN free articles only all articles this publication Automotive Sports FindArticles International Economy, The Nov 2000 Content provided in partnership with 10,000,000 articles Not found on any other search engine. Related Searches Euro (Currency) / International aspects Monetary policy / International aspects Featured Titles for Academy of Marketing Science Review Accounting Historians Journal, The Accounting History AgExporter ... View all titles in this topic Hot New Articles by Topic Automotive Sports Top Articles Ever by Topic Automotive Sports Give The Euro Greater Currency - Euro to gain credibility by more circulation abroad International Economy, The Nov, 2000 by Martin Hufner Save a personal copy of this article and quickly find it again with Furl.net. It's free! Save it. The euro won't gain credibility until bills and coins circulate widely outside Euroland. Last January, the leaders of East Timor, or, just released from Indonesian rule, made a decision that had a significant impact on the world of global finance. They chose to adopt the U.S. dollar as their currency, rather than the euro. As a former Portuguese colony, East Timor was leaning toward the eurothe successor to the Portuguese currency, the escudo. But the dollar ultimately proved more attractive.

53. Economic & Financial Review: EMU At 1 Full text of the article, emu at 1 from Economic Financial Review, A new currency, the euro, replaced the national currencies of the eleven http://www.findarticles.com/p/articles/mi_m0DKI/is_1_2000/ai_62681828

@import url(/css/us/style1.css); @import url(/css/us/searchResult1.css); @import url(/css/us/articles.css); @import url(/css/us/artHome1.css); Home Advanced Search IN free articles only all articles this publication Automotive Sports FindArticles Jan 2000 Content provided in partnership with 10,000,000 articles Not found on any other search engine. Related Searches European Monetary System / Forecasts and trends European Union. European Central Bank / Management European Union / Economic aspects Featured Titles for Advocate, The Air Force Journal of Logistics Air Force Law Review Air Force Speeches ... View all titles in this topic Hot New Articles by Topic Automotive Sports Top Articles Ever by Topic Automotive Sports EMU at 1 Jan, 2000 by Mark A. Wynne Save a personal copy of this article and quickly find it again with Furl.net. It's free! Save it. On January 1, 1999, the European Union (EU) launched what will surely be one of the most ambitious political and economic undertakings of the twenty-first century: economic and monetary union (EMU), incorporating eleven of the fifteen current members of the EU. A new currency, the euro, replaced the national currencies of the eleven countries,(1) and a new institution, the European Central Bank (ECB), took over responsibility for monetary policy for the euro area. Many commentators in the United States thought EMU would never take place or, if it did, that it would not last very long. The successful launch of EMU was thus a surprise in some quarters, and some of the skeptics have been forced to reevaluate their positions. EMU is now one year old, and it seems appropriate to review what has happened during the first year and assess the prospects for the future.

54. Special Topics: Economic And Monetary Union (EMU) Within The European Union By July 1, 2002, the euro will be the only legal currency in each of the Price WaterhouseCoopers (Searchable for euro and emu-related information) http://www.library.uiuc.edu/edx/eurounion.htm

Home About Us Hours Subjects Anthropology Education Political Science Psychology ... Women's Studies Databases ERIC EBSCO Academic PsycINFO Soc. Abstracts ... WorldCat UIUC Library Library Gateway Library Catalog Online Resources E-Reference ... Interlibrary Loan Search ESSL Site: Selected Internet Resources in Political Science Special Topics: Economic and Monetary Union (EMU) within the European Union Be sure to also check out the European Union Library Resource Center EUROPEAN UNION RESOURCES AND RELATED ORGANIZATIONS EU Organizations: Directorate General II: Economic and Financial Affairs The European Commission's Official Web Site on the Euro Economic and Monetary Convergence Criteria (From Eurostat, the EU's Statistical Office) The EU's Office for Official Publications The EU's Information Society Promotion Office European Central Bank The European Commission's U.S. Delegation Related Organizations: European Commission (EUROPA) Council of the European Union Citizens Europe CORDIS - Community Research and Development Information Service (Formerly I*M EUROPE - Information Market) European Union Legislative Database (CELEX) European Union Law (EUR-Lex) European Union Document Delivery Service (EUDOR) European Parliament NON-EUROPEAN UNION WEB SITES The Association for the Monetary Union of Europe (All AMUE members are European corporations preparing to implement the Euro.)

55.  European Union - The Euro And EMU  euro and emu. The european Union and its Expanding Economy When shopping in the euro area Prices are displayed in the same currency; they are easier to http://jpn.cec.eu.int/union/showpage_en_union.emu.php

European Union Delegation of the European Commission in Japan Search Advanced Search Utility Links FAQ Sitemap Discussion Groups Email Bulletin ... Contact us Primary Navigation Home The European Union Europe Day, European Flag and Anthem Brief History of European Integration ... Calls for Tender 2nd Level Navigation News Speeches Events Europe Magazine Related Information Euro and EMU Euro Stamp Rally Starts at Aichi Expo (05/09/16, News) Euro Stamp Rally at Aichi Expo : Win a Trip To Europe (05/09/07, News) The European Union and its Expanding Economy Bernhard Zepter (05/06/04, Speech) See more matches for Euro and EMU Europe Day, European Flag and Anthem Brief History of European Integration Basic Information about the European Union ... The European Union in the World The Euro and EMU 1 March 2002: the euro becomes the sole legal tender of twelve European countries. After more than ten years of preparations, 12 European countries have given up their national currency forever and adopted a common currency: the euro. On January 1 2002, euro banknotes worth 133 billion euro began circulation. By 1 March 2002, 242 billion euro worth of notes were circulating across twelve countries. Over 300 million people have been affected by this change. Never before has such an operation been undertaken on this scale.

56. Euro - Definition Of Euro In Encyclopedia The euro (€; ISO 4217 code EUR) is the currency of twelve of the The dates these ten states are expected to join the emu vary 2006 for Estonia, http://encyclopedia.laborlawtalk.com/Euro

Add to Favorites General Encyclopedia Legal ... Law forum Search Word: Visit our Law forums Labor Law Accidents Law Bankruptcy Law Business Law ... Tax Law For other uses, see Euro (disambiguation) The euro ISO 4217 code EUR ) is the currency of twelve of the twenty-five nations that form the European Union (and four outside it, as well as Montenegro and Kosovo ), which form the Economic and Monetary Union (EMU). It is the result of the most significant monetary reform in Europe since the Roman Empire . Though the introduction of the euro can be seen simply as a mechanism for perfecting the Single European Market , facilitating free trade between the members of the Eurozone , the euro is also a key part of the European project of political integration. The euro is administered by the European System of Central Banks (ESCB), composed of the European Central Bank (ECB) and the Eurozone central banks operating in member states. The ECB (headquartered in Frankfurt am Main Germany ) has sole authority to set monetary policy ; the other members of the ESCB participate in the printing, minting and distribution of notes and coins, and the operation of the Eurozone payment system. Contents showTocToggle("show","hide")

57. Evolving Enterprise - Winter 1998: Euro Info To many executives in the US, the changeover to the euro is a parochial matter It is certainly not an emu. Nor is it an ecu or european currency Unit. http://www.lionhrtpub.com/ee/ee-winter98/euro.html

V OLUME 1, N UMBER 4 INTER 1998 Why Do I Need to Know About the Euro? by Roderick Jones Wrong! The next misunderstanding is that it is something to do with the accounting systems, and that the information systems department can sort it out. Wrong! If you take the latter route, you might be surprised at the effect on your business. Senior management must be aware of the wider issues involved: Chris Pickles' article in the last edition of Evolving Enterprise went through some of them. This month, let's look at a few more. You might be forgiven for wondering why on earth the Europeans could be so thoughtless as to create another set of problems, just as we are all struggling with intensive work on the millennium problem. Politicians and bureaucrats don't necessarily have backgrounds in business, let alone IT; so they will claim they were unaware of the millennium problem back in 1991 when the Maastricht Treaty confirmed the process towards EMU that had been building up for years. What's the purpose? Americans used to setting their export prices in dollars must think again: There will be such an amalgamation of buying power, as well as intensification of competition amongst suppliers, that prices will be demanded in euro.

58. Central Europe Review - EMU And Central Europe Russia have either the majority of their trade with the emu region, are considering membership of the EU and emu or have pegged their currency to the euro. http://www.ce-review.org/99/4/emu4.html

Vol 1, No 4, 19 July 1999 N E W S E R I E S: EMU and Central Europe Rob Smith A new series in Central Europe Review The European Union represents the dominating economic force in European commerce. Its latest experiment, Economic and Monetary Union (EMU), for eleven of the fifteen member states, seems destined to become a permanent measure, and its implications go far beyond the introduction of the single currency. EMU will affect the economic policies and commercial practices of countries and companies throughout Europe, not just those nations that participate. Across Central and Eastern Europe, most nations, with the exception of Russia have either the majority of their trade with the EMU region, are considering membership of the EU and EMU or have pegged their currency to the euro. The implications of the EMU initiative by most of the counties in Western Europe will clearly influence economies, businesses and politics. For those countries interested in joining, there is a chance to learn from the experiences of the first wave participants. In the first of a series of articles

59. Bug ID: 4311107 RFE: Make Euro The Default Currency For EMU Countries From 1/1/2 javalocalization, RFE Make euro the default currency for emu countries from 1/1/2002,State closed,Reported 09FEB-2000,Release Reported Against http://developer.java.sun.com/developer/bugParade/bugs/4311107.html

search tips in Developers' Site in Sun.com Products and Technologies Technical Topics Developers Home Java Technology ... Why Register? Bug Database Bug Detail Quick Lists Top 25 Bugs Top 25 RFE's Recently Closed Bugs Printable Page Bug Database Welcome Login Report a Bug FAQs Bug Watch List: Watch this Bug Bug Votes: This bug is Closed.You cannot Vote for it. Bug ID: Votes Synopsis RFE: Make Euro the default currency for EMU countries from 1/1/2002 Category java:localization Reported Against kestrel Release Fixed 1.4(merlin-beta) State Closed, fixed Related Bugs Submit Date 09-FEB-2000 Description On January 1, 2002, the European Central Bank will start issuing notes and coins for the Euro, and on July 1, 2002, the old currencies of the member countries of the European Monetary Union will cease to be legal tender. See http://europa.eu.int/euro/html/calendrier5.html?lang=5 . The Java 2 runtime should therefore be set up to treat the Euro as the default currency for the EMU member countries from January 1, 2002. Work Around N/A Evaluation Comments About Sun About This Site Newsletters Contact Us ... A Sun Developer Network Site Unless otherwise licensed, code in all technical manuals herein (including articles, FAQs, samples) is provided under this

60. Currency Conversion New euro (emu) Software Conversion Tools and Services This euro site is a unique to emu and the software conversion to one currency in europe the euro. http://www.reference.com/Dir/Computers/Software/Currency_Conversion/

Dictionary Thesaurus Encyclopedia Web Home Premium: Sign up Login YOUR AD HERE Dictionary ... Encyclopedia - Web Directory Web Directory Top Computers Software / Currency Conversion New Euro (emu) Software Conversion Tools and Services This Euro site is a unique guide to EMU and the software conversion to one currency in Europe the EURO. Euro currency will begin to be legal from January 1999. Now is time to make the relevant preparations for Euro one currency. Euro Currency Converter Euro Conversion Automation Software for Documents, Spreadsheets Msaccess. Hot-Key Conversion.Calculator. Developer SDK and OCX controls. What's keeping you from making euros? The Denver Business Journal 1999-01-25 Quick: How do you type the symbol for new euro? The new currency, which debuted Jan. 4, is helping to tie the countries of the European Union closer together than ever and create a unified market that rivals that of the United States. Focus on the EURO Brief introduction to the Euro MARVOSYM.TTF - Martin Vogel's symbol font The free true type symbol font MARVOSYM.TTF with Euro currency symbol, fax and answering machine symbols, and many more useful symbols for the office. Microsoft TechNet - Microsoft Euro Currency Resource Center Microsoft TechNet IT Home provides you with a broad perspective on current euro issues from leading industry sources, which helps you make informed strategic decisions to align with business goals and objectives.

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