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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

Example Sentences

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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 prosperous, democratic country, Austria entered the European Monetary Union in 1999.

From The 2004 CIA World Factbook by United States. Central Intelligence Agency

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