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Glossary: EMU

 

Photo: Euro
Photo: Euro

Acronym in full: Economic and Monetary Union

The Economic and Monetary Union (EMU) represents the convergence of member states of the European Union by the adoption of a single currency, euro, with the conduct of a single monetary policy under the responsibility of the ECB.

 

Related region: EU

Related terms: EU, ECB

 

 

 

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