European Currency Unit

noun

1. See ECU

Example Sentences

On the question of leaving the euro, far from clearing up the uncertainty about what she actually wants, she made matters worse by exposing her ignorance of the old European Currency Unit.

From BBC

Le Pen has mentioned the European currency unit, called ECU, which predated the euro.

From Seattle Times

One perhaps surprising alternative-currency enthusiast is the former central banker Bernard Lietaer, who was an architect of the European Currency Unit, the convergence system between 12 currencies that led to the euro.

From New York Times

After years of debate, the leaders agreed to establish a single European Currency Unit, the ECU, as early as January 1997.

From Time Magazine Archive

Quite frankly, if we don't want to be overdependent on the dollar, our European economies have to be strong, and we need an alternative to the dollar, which means the yen and the development of the European Currency Unit.

From Time Magazine Archive