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Economic and monetary affairs

Economic and monetary affairs

Economic and Monetary Union (EMU), as provided for in Title VII of the Treaty establishing the European Community, involves close coordination of the economic policies of the Member States at European level and requires Member States to avoid excessive budget deficits (“Stability and Growth Pact”). EMU has led to the introduction of a single currency: the euro.

See also

  • Overviews of European Union: Economy and Monetary Affairs .
  • Further information: the Economic and Financial Affairs Directorate-General of the European Commission.
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