Delors Report on Economic and Monetary Union

E608256

The Delors Report on Economic and Monetary Union is a landmark 1989 blueprint that laid out the step-by-step roadmap for creating the European Union’s single currency and central banking system.

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Observed surface forms (1)

Surface form Occurrences
Stage Two of Economic and Monetary Union 1

Statements (50)

Predicate Object
instanceOf European Union document
economic and monetary integration blueprint
policy report
authoringBodyIncludes governors of the central banks of the European Community member states
independent experts
basisFor Treaty on European Union (Maastricht Treaty) provisions on EMU NERFINISHED
chairpersonOfCommittee Jacques Delors NERFINISHED
commissionedBy European Council NERFINISHED
context completion of the Single European Market
definesStage Stage One of EMU
Stage Three of EMU NERFINISHED
Stage Two of EMU
emphasizes central bank independence
fiscal discipline
price stability as primary objective of monetary policy
focusesOnRegion European Community NERFINISHED
European Union NERFINISHED
goal achieving a high degree of sustainable convergence of economic performance among member states
strengthening economic and monetary stability in Europe
hasTitle Report on Economic and Monetary Union in the European Community NERFINISHED
influenced Maastricht convergence criteria design
influencedCreationOf Economic and Monetary Union of the European Union NERFINISHED
European Central Bank NERFINISHED
euro
language English
French
other official languages of the European Community
namedAfter Jacques Delors NERFINISHED
precedes Maastricht Treaty NERFINISHED
preparedBy Committee for the Study of Economic and Monetary Union NERFINISHED
presentedAt European Council summit in Madrid
presentedTo European Council NERFINISHED
proposesCreationOf European System of Central Banks NERFINISHED
independent European central bank
single European currency
providesRoadmapFor three-stage process towards Economic and Monetary Union
publicationDate 1989-04-17
publicationYear 1989
shortName Delors Report NERFINISHED
stageOneIncludes full liberalisation of capital movements
increased coordination of economic policies
stageThreeIncludes introduction of a single currency
irrevocably fixed exchange rates
single monetary policy
stageTwoIncludes creation of the European System of Central Banks
strengthening of national central bank independence
subject Economic and Monetary Union NERFINISHED
European integration
central banking system
single currency

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Jacques Delors knownFor Delors Report on Economic and Monetary Union
European Monetary Institute relevantFor Delors Report on Economic and Monetary Union
this entity surface form: Stage Two of Economic and Monetary Union