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Forex Glossary Index: A | B | C | D | E | F | G | H | I | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y
European Economic and Monetary Union (EMU)An international organization of European countries with the goal to share a common currency. It started in 1990 and culminated with the adoption of the euro as a single currency on January 1, 1999. Its initial member nations include Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands, Italy, Spain and Portugal. Between 2001 and 2009, Greece, Slovenia, Cyprus, Malta and Slovakia joined. EMU is also referred to as the European Monetary Union.
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