European Monetary System (EMS)

Système monétaire européen (SME)
Europäisches Währungssystem (EWS)
Sistema Monetario Europeo (SME)
Europees Monetair System (EMS)
Europaeisk Monetaer System (EMS)

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Contact Details

URL: http://europa.eu/

More detailed data available with paid subscription.

Founded

1979-03-13 Brussels Belgium

History

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Aims

Enable closer monetary cooperation leading to a zone of monetary stability in Europe, particularly at first by means of the European Currency Unit (ECU) which was at the centre of the system, and currently by the euro single currency; overcome constraints resulting from the de facto interdependence of European economies; achieve internal - price - and external - exchange rate - stability by means of a system of fixed but adjustable guidance rates resting on a variety of intervention and credit mechanisms.

Activities

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Relations with Inter-Governmental Organizations

F-XF0184 - Bank for International Settlements (BIS); E-XE2442 - European Commission (EC).

Relations with Non-Governmental Organizations

U-XE1705 - Euro Institute.

Type I Classification

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Type II Classification

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Subjects *

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production

UIA Org ID

XF7870

* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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