EuroVoc

Preferred term
Created
1995-10-02
Type
http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
Version
n/a

4370 European Monetary System

Definition

  • The European Monetary System, abbreviated as EMS, was an exchange rate regime set up in 1979 (and which ended in 1999) to foster closer monetary policy co-operation between the central banks of the Member States of the European Economic Community (EEC). The objective of the EMS was to promote monetary stability in Europe. The European Monetary System was built on the concept of stable but adjustable exchange rates defined according to the newly created European currency unit (ECU) – a currency basket based on a weighted average of EMS currencies. Within the EMS, currency fluctuations were controlled through the Exchange Rate Mechanism (ERM).

Narrower concepts

Related concepts

Entry terms

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    monetary snake

History note

  • Replaced by ERM II (exchange rate mechanism II) at the start of Stage Three of economic and monetary union (EMU) on 1 January 1999 when the single currency was launched.

Version

  • n/a

Notation

  • 4370

In other languages

Albanian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Sistemi Monetar Europian
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    gjarpërushe monetare
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    SME

Bulgarian

Croatian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europski monetarni sustav
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    monetarna zmija

Czech

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Evropský měnový systém
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    European Monetary System
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    Evropská měnová unie

Danish

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Det Europæiske Monetære System
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    valutaslange

Dutch

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europees Monetair Stelsel
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    monetaire slang

Estonian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Euroopa Rahasüsteem
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    ERS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    Euroopa valuutasüsteem
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    valuutamadu

Finnish

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Euroopan valuuttajärjestelmä
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EVJ
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    valuuttakäärme

French

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    système monétaire européen
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    serpent monétaire
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    SME

German

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europäisches Währungssystem
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EWS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    Währungsschlange

Greek

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Ευρωπαϊκό Νομισματικό Σύστημα
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    ΕΝΣ
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    νομισματικό φίδι

Hungarian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Európai Monetáris Rendszer
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMR

Irish

Italian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    sistema monetario europeo
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    serpente monetario
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    sistema di tassi di cambio europeo
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    SME

Latvian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Eiropas Monetārā sistēma
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS

Lithuanian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europos pinigų sistema
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    valiutų žaltys

Macedonian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Европски монетарен систем
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    европска монетарна зона
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    ЕМС

Maltese

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Sistema Monetarja Ewropea

Polish

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europejski System Walutowy

Portuguese

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Sistema Monetário Europeu
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    serpente monetária
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    SME

Romanian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    sistem monetar european

Serbian

Slovak

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Európsky menový systém
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    systém prepojenia mien

Slovenian

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    evropski monetarni sistem

Spanish

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    sistema monetario europeo
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    serpiente monetaria
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    SME

Swedish

  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/STANDARDLABEL
    Version
    n/a
    Europeiska monetära systemet
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    EMS
  • Created
    1995-10-02
    Type
    http://publications.europa.eu/resource/authority/label-type/ALTERNATIVELABEL
    Version
    n/a
    valutaormen

URI

http://eurovoc.europa.eu/4370

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