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Monetary Union SUBST WIRTSCH

Economic and Monetary Union SUBST

European Monetary Union SUBST

Einsprachige Beispiele (nicht von der PONS Redaktion geprüft)

Englisch
While the aspect of monetary union is clear, the far-reaching effects of economic union between countries could be considered a cause for debate.
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Such stimulus may not be possible if states in a monetary union are not allowed to run sufficient deficits.
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They emphasised that the intention was not to establish a fiscal union in the short term, but to make the monetary union more resilient to crisis.
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A monetary union, the eurozone, was established in 1999 and is composed of 17 member states.
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Phase 1 of the monetary union process was scheduled to conclude in 1996.
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In 2013 a protocol was signed outlining their plans for launching a monetary union within 10 years.
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Military integration is judged to be the most significant step after a monetary union.
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The monetary union was established in 1999 and came into full force in 2002.
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The monetary union would be carried out on the basis of an accord renewable every five years.
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In 1927, the Monetary Union ceased to exist.
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