单词 | European Monetary Union |
释义 | European Monetary Union/ˌjʊərəpiːən ˌmʌnɪtri ˈjuːnjən /(abbreviation EMU) A European Union programme intended to work towards full economic unity in Europe based on the phased introduction of a common currency (the euro). The programme was announced in 1989; the second stage came into effect on 1 January 1994 under the terms of the Maastricht Treaty, and in 2002 the euro replaced the currencies of twelve European Union countries (see euro1). |
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