European Monetary Cooperation Fund
From Wikipedia, the free encyclopedia
For other uses, see EMCF.
| Part of a series on the |
| History of the European Union |
|---|
|
Organisation
|
|
Topics
|
The European Monetary Cooperation Fund (EMCF) is an institution and a fund established in 1973 by members of the European Exchange Rate Mechanism (ERM) of the European Union (EU) to stabilise exchange rates.[1] It was succeeded by the European Monetary Institute which is now part of the European Central Bank.[2]
References [edit]
- ^ "Regulation establishing the European Monetary Cooperation Fund (3 April 1973)". Retrieved 2009-03-10. "On 3 April 1973, the Council adopts a Regulation establishing the European Monetary Cooperation Fund (EMCF). As Pierre Werner had envisaged in his ‘Report concerning the stage-by-stage implementation of economic and monetary union', the EMCF was initially placed under the authority of the governors of the central banks and was later to be integrated into a Community of central banks organisation"
- ^ "European Monetary Cooperation Fund". Retrieved 2009-03-10.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| This article about the European Union is a stub. You can help Wikipedia by expanding it. |