European Union economic and monetary union

E29252

European Union policy framework economic and monetary union

The European Union economic and monetary union is the EU framework that coordinates economic policy and establishes a single currency and monetary policy for participating member states.

Aliases (5)

Economic and Monetary Union of the European Union ×6
Economic and Monetary Union ×2
European Economic and Monetary Union ×1
European Monetary Union ×1
European monetary union ×1

Statements (52)

Predicate	Object
instanceOf	European Union policy framework → economic and monetary union →
alsoKnownAs	EMU → Economic and Monetary Union of the European Union →
appliesTo	all EU member states for economic policy coordination aspects → euro area member states →
convergenceCriteria	exchange rate stability criterion → government budget deficit criterion → government debt criterion → long-term interest rate criterion → price stability criterion →
coordinatedBy	Eurogroup Working Group →
currency	euro →
euroCashIntroductionDate	2002 →
governedBy	Economic and Financial Affairs Council → Eurogroup →
hasComponent	Banking Union → European Semester → European Stability Mechanism → Exchange Rate Mechanism II → Macroeconomic Imbalance Procedure → Single Resolution Mechanism → Single Supervisory Mechanism → Stability and Growth Pact → convergence criteria → economic policy coordination → euro area → excessive deficit procedure → fiscal rules framework → multilateral surveillance mechanism → single monetary policy →
legalBasis	Maastricht Treaty → Treaty on European Union → Treaty on the Functioning of the European Union →
monetaryAuthority	European Central Bank → Eurosystem →
objective	coordinate economic policies of EU member states → ensure price stability in the euro area → establish a single currency for participating EU member states → promote sound public finances → support sustainable economic growth in the EU →
partOf	European Union →
phase	Stage One of EMU → Stage Three of EMU → Stage Two of EMU →
policyDomain	financial stability policy → fiscal policy coordination → macroeconomic policy → monetary policy →
stageThreeStartDate	1999 →
startDate	1993 →
supervisedBy	European Commission →

Referenced by (12)

Subject (surface form when different)	Predicate
Eurogroup ("Economic and Monetary Union of the European Union") → European System of Central Banks ("Economic and Monetary Union of the European Union") → Eurozone →	partOf
African Monetary Union ("European Monetary Union") → GCC common currency project ("European Economic and Monetary Union") →	inspiredBy
European Union economic and monetary union ("Economic and Monetary Union of the European Union") →	alsoKnownAs
Treaty on European Union ("Economic and Monetary Union") →	introducedConcept
Cypriot pound ("Economic and Monetary Union of the European Union") →	monetaryUnionReplacedBy
Eurogroup Working Group ("Economic and Monetary Union") →	policyArea
European Monetary System ("Economic and Monetary Union of the European Union") →	replacedBy
European Currency Unit ("Economic and Monetary Union of the European Union") →	successorSystem
ECB Main Building, Frankfurt ("European monetary union") →	symbolizes