The Euro: Explanatory Notes |
Common terms and phrases
adopt the euro Article banknotes and coins budget budgetary consolidation capital changeover Commission Community companies competition convergence criteria coordination Council regulation December dual displays ECOFIN Council Economic and Financial Economic and Monetary economic policies effect ensure ESCB euro area euro banknotes euro conversion rates euro unit euro zone euro's European Central Bank European Council European Monetary Institute European Union excessive deficit exchange rate mechanism exchange rate policy exchange-rate EXPLANATORY NOTES financial markets fiscal fluctuations framework growth and employment Growth Pact impact inflation interest rates introduction investment January labour Maastricht Treaty macroeconomic Member State concerned Monetary Union national central banks national currency units NCBS notes and coins operations participating Member payments pre-announcement pre-in price stability procedure risk sector single currency single market single monetary policy stabilisation Stability and Growth stage of EMU third countries third stage trade transactions transitional period Treaty