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European Monetary System

1

Terminological databases

EKI terminibaas Esterm

ID 694016 Last modified 08.03.2026
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Domain money & currencyEconomic and Monetary Union; EMU
Euroopa Rahasüsteem preferred
Euroopa valuutasüsteem former
ERS
European Monetary System preferred
EMS
  • a. Euroopa Majandusühenduse liikmetest moodustatud organisatsioon, mis taotleb Euroopa valuutaühiku kasutamist arveldustes
  • the system used in the European Union for stabilizing exchange rates between the currencies of member states
  • The aim of the E.M.S. is to stabilize the exchange rates between the currencies of its member, and to introduce a new common or central currency, the ECU.
  • systeme communautaire visant a établir une coopération monétaire plus étroite aboutissant a une zone de stabilité en Europe
Euroopa Rahasüsteem preferred
Usage examples
  • Eesti ametivõimude palvel annab Ühendus tehnilist abi, toetamaks Eesti püüdlusi oma poliitika järk-järguliseks kooskõlla viimiseks Euroopa Rahasüsteemi omaga.
Euroopa valuutasüsteem former
ERS abbreviation
European Monetary System preferred
Usage examples
  • The reports shall also examine the achievement of a high degree of sustainable convergence by reference to the fulfilment by each Member State of the following criteria: ... - the observance of the normal fluctuation margins provided for by the exchange-rate mechanism of the European Monetary System, for at least two years, without devaluing against the currency of any other Member State; - the durability of convergence achieved by the Member State and of its participation in the exchange-rate mechanism of the European Monetary System being reflected in the long-term interest-rate levels.
EMS abbreviation
E.M.S. abbreviation

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