European Monetary Institute


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European Monetary Institute

n
(Government, Politics & Diplomacy) an organization set up in 1991 to coordinate economic and monetary policy within the European Union: superseded by the European Central Bank in 1998
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Nevertheless, in March 1998, the European Monetary Institute evaluated the financial data compiled by Eurostat to recommend which nations would be admitted into the EMU.
On January 1, 1994, the European Monetary Institute was established in Frankfurt to lay the groundwork and rules for the European Systems of Central Banks.
The second stage began January 1, 1994, with the creation of the European Monetary Institute (EMI) to support the development of the ECU and the establishment of the ECB.
Last night Ms Hewitt said the Bank had been involved in the technical preparations for the launch of the euro since the creation of the European Monetary Institute in 1994.
European Monetary Institute (1997), `The Single Monetary Policy in Stage Three: Elements of the Monetary Policy Strategy of the ESCB', Frankfurt, European Monetary Institute.
The European Monetary Institute in Frankfurt is introducing a common currency for eleven member states.
Wire Duisenberg, the president of the ECB's forerunner, the European Monetary Institute, looked to be a shoe-in as the ECB's first president.
Discussants: Michihiro Oyama, Keio University, and Philipp Hartmann, European Monetary Institute
The seminar, sponsored by the European Monetary Institute, was held in Frankfurt, Germany, on February 27, 1997.
In its recent report on the single monetary policy in Stage III,(11) the European Monetary Institute narrowed down the list of potential monetary policy strategies to monetary targeting and direct inflation targeting, with the possibility of a framework which covers both strategies.
"The European Monetary Institute appear relaxed about the position of Scottish banks issuing their own notes as Euros.
The European Monetary Institute stress the design of the notes is not final.
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