EUROPE IN 2010 ECOMONIC MONETARY UNION Economic and Monetary Union (EMU) is a single currency area within the European Union single market in which people, goods, services and capital move without restrictions. It creates the framework for economic growth and stability and is underpinned by an independent central bank and legal obligations on the participating Member States to pursue sound economic policies and to coordinate these policies very closely.As trade between the EU Member States …
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…New York; Oct 20, 1999; [8] Dollar Loses Ground Against Yen, Euro On Interest-Rate Fears in U.S., Europe; By Umberto Torresan; Wall Street Journal, New York; Oct 20, 1999; [9] The UK and the EMU, David Roche; Euromoney, London; Sep 1999, Iss. 365; [10] Waiting to join the Euro Club, Country Monitor, New York; Aug 18, 1999; Vol. 7. Web-Based Resources  Eurostat Press Releases, www.europa.eu.int/en/comm/eurostat,  The International Monetary Fund, www.imf.org  The Quest, www.europa.eu.int/euro/quest