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
Eesti ametivõimude palvel annab Ühendus tehnilist abi, toetamaks Eesti püüdlusi oma poliitika järk-järguliseks kooskõlla viimiseks Euroopa Rahasüsteemi omaga.
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.
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