1800:
1788:
1776:
518:
46:
499:
546:
175:
165:
77:
72:
67:
1825:
1546:
792:
612:
483:
82:
579:
The EMI was created 1 January 1994 to oversee the second stage in the creation of monetary union. The EMI itself took over from the earlier
623:(EU) and laid the foundation for the euro. It had less than 250 staff, mostly seconded from national central banks, and was based in the
539:
1756:
969:
1835:
1062:
87:
860:
845:
592:
532:
504:
26:
1751:
768:
154:
696:
1325:
62:
1554:
616:
580:
185:
55:
491:
118:
1535:
1418:
850:
596:
142:
1067:
1830:
224:
927:
35:
1584:
952:
901:
891:
1604:
1569:
1355:
130:
1057:
1302:
1320:
947:
886:
761:
1514:
1264:
1224:
450:
206:
1277:
1407:
906:
380:
1620:
1524:
1282:
802:
233:
196:
1791:
1350:
1330:
1239:
1219:
1077:
840:
817:
797:
717:
624:
568:
522:
1579:
1375:
1365:
1360:
1272:
1249:
754:
584:
330:
107:
8:
1508:
1492:
1402:
1380:
1370:
1179:
1169:
1159:
977:
959:
649:
478:
360:
350:
321:
283:
263:
1705:
1315:
713:
1803:
1625:
1287:
1254:
1229:
1214:
1209:
1184:
1174:
1164:
1082:
673:
440:
430:
1799:
1787:
1775:
1710:
1244:
1194:
1189:
1072:
1042:
1037:
1032:
922:
473:
410:
400:
370:
273:
1715:
1695:
1690:
1559:
1463:
1391:
1234:
1204:
1199:
1027:
1022:
1017:
982:
644:
420:
390:
303:
595:. The institute was dissolved on 1 June 1998 with the creation of the ECB and the
1725:
1574:
937:
700:
1468:
583:(EMCF). The EMI met for the first time on 12 January under its first President,
1730:
1670:
1655:
1650:
1092:
992:
896:
693:
620:
588:
340:
293:
243:
1819:
1720:
1665:
1645:
1640:
1635:
1630:
1478:
1437:
1130:
1125:
1120:
987:
823:
253:
1779:
1735:
1700:
1685:
1680:
1660:
1473:
1458:
1442:
1115:
1110:
1105:
1675:
1100:
1052:
1047:
870:
669:
1009:
855:
737:
865:
807:
628:
611:
The EMI was the key monetary institution of the second phase of the
1151:
812:
615:. The EMU encouraged cooperation between the national banks of the
942:
632:
45:
746:
932:
599:(ESCB) which took over its expanded responsibilities as the
777:
600:
176:
Police and
Judicial Co-operation in Criminal Matters
793:Economic and Monetary Union of the European Union
613:Economic and Monetary Union of the European Union
1817:
762:
738:European Monetary Institute: Preparing to die
540:
587:. On 1 July 1997 Lamfalussy was replaced by
1757:European Financial Stabilisation Mechanism
769:
755:
547:
533:
1826:1994 establishments in the European Union
731:
571:(ECB), operating between 1994 and 1998.
16:Forerunner of the European Central Bank
1818:
1752:European Financial Stability Facility
943:Euro interbank offered rate (Euribor)
750:
591:who would then go on to serve as the
1144:Coins by country with minting rights
1326:French Southern and Antarctic Lands
13:
1555:European Monetary Cooperation Fund
953:European payments initiative (EPI)
714:"ECB: Economic and Monetary Union"
581:European Monetary Cooperation Fund
186:Common Foreign and Security Policy
14:
1847:
119:European Coal and Steel Community
1836:European System of Central Banks
1798:
1786:
1774:
948:Single euro payments area (SEPA)
851:European System of Central Banks
597:European System of Central Banks
516:
143:European Atomic Energy Community
44:
776:
635:), where the ECB is now based.
706:
687:
662:
484:History of defence integration
1:
928:Economy of the European Union
655:
1058:2 € commemorative coins
892:European Stability Mechanism
740:, The Economist 3 April 1997
567:) was the forerunner of the
7:
1565:European Monetary Institute
638:
561:European Monetary Institute
131:European Economic Community
10:
1852:
1419:Other extant EU currencies
1265:Monetary agreement with EU
574:
1769:
1744:
1613:
1593:
1500:
1491:
1451:
1427:
1416:
1392:Countries and territories
1389:
1339:
1321:Saint Pierre and Miquelon
1300:
1263:
1150:
1143:
1091:
1063:Other commemorative coins
1008:
1001:
968:
915:
887:Stability and Growth Pact
879:
833:
785:
523:European Union portal
1745:Former fiscal provisions
1515:European Monetary System
1305:using euro per agreement
451:Von der Leyen Commission
166:Justice and Home Affairs
1394:using euro unilaterally
907:European Fiscal Compact
694:The history of the euro
670:"European Central Bank"
606:
1621:European Currency Unit
1307:without minting rights
803:European banking union
703:, Financial Times 2001
492:History of enlargement
197:Western European Union
1831:European Central Bank
1792:European Union portal
1341:Potential adoption by
1331:Akrotiri and Dhekelia
1078:Europa coin programme
841:European Central Bank
798:Capital Markets Union
569:European Central Bank
1614:Preceding currencies
1580:European debt crisis
970:International status
585:Alexandre Lamfalussy
331:Hallstein Commission
108:European Communities
1595:Previous EU members
1509:Snake in the tunnel
960:Euro Currency Index
699:10 May 2013 at the
650:History of the euro
479:History of the euro
361:Mansholt Commission
351:Malfatti Commission
284:Treaty of Amsterdam
264:Single European Act
1804:Numismatics portal
1626:Austrian schilling
1303:Non-EU territories
978:Proposed eurobonds
674:European NAvigator
500:List of presidents
441:Juncker Commission
431:Barroso Commission
381:Jenkins Commission
155:European Community
1813:
1812:
1765:
1764:
1711:Portuguese escudo
1487:
1486:
1296:
1295:
1139:
1138:
1068:Identifying marks
923:Economy of Europe
880:Fiscal provisions
557:
556:
474:History of Europe
459:
458:
411:Santer Commission
401:Delors Commission
371:Ortoli Commission
312:
311:
274:Maastricht Treaty
215:
214:
1843:
1802:
1790:
1778:
1716:Sammarinese lira
1706:Monégasque franc
1696:Luxembourg franc
1691:Lithuanian litas
1560:Delors Committee
1549:
1543:
1538:
1532:
1527:
1521:
1498:
1497:
1464:Hungarian forint
1431:
1425:
1424:
1316:Saint Barthélemy
1148:
1147:
1006:
1005:
983:Reserve currency
771:
764:
757:
748:
747:
741:
735:
729:
728:
726:
724:
710:
704:
691:
685:
684:
682:
680:
666:
645:Delors Committee
549:
542:
535:
521:
520:
519:
505:List of founders
421:Prodi Commission
391:Thorn Commission
327:
326:
304:Treaty of Lisbon
230:
229:
104:
103:
48:
21:
20:
1851:
1850:
1846:
1845:
1844:
1842:
1841:
1840:
1816:
1815:
1814:
1809:
1761:
1740:
1726:Slovenian tolar
1609:
1598:
1596:
1589:
1575:Black Wednesday
1545:
1541:
1534:
1530:
1523:
1519:
1483:
1447:
1429:
1421:
1412:
1396:
1393:
1385:
1344:
1343:other countries
1342:
1335:
1309:
1306:
1304:
1292:
1259:
1135:
1087:
997:
964:
938:Euro calculator
911:
875:
829:
781:
775:
745:
744:
736:
732:
722:
720:
712:
711:
707:
701:Wayback Machine
692:
688:
678:
676:
668:
667:
663:
658:
641:
609:
593:ECB's President
577:
553:
517:
515:
510:
509:
496:
469:
461:
460:
324:
314:
313:
234:Treaty of Paris
227:
217:
216:
101:
93:
92:
58:
37:
30:
17:
12:
11:
5:
1849:
1839:
1838:
1833:
1828:
1811:
1810:
1808:
1807:
1795:
1783:
1770:
1767:
1766:
1763:
1762:
1760:
1759:
1754:
1748:
1746:
1742:
1741:
1739:
1738:
1733:
1731:Spanish peseta
1728:
1723:
1718:
1713:
1708:
1703:
1698:
1693:
1688:
1683:
1678:
1673:
1668:
1663:
1658:
1656:Finnish markka
1653:
1651:Estonian kroon
1648:
1643:
1638:
1633:
1628:
1623:
1617:
1615:
1611:
1610:
1608:
1607:
1605:United Kingdom
1601:
1599:
1594:
1591:
1590:
1588:
1587:
1582:
1577:
1572:
1567:
1562:
1557:
1552:
1551:
1550:
1539:
1528:
1512:
1504:
1502:
1495:
1489:
1488:
1485:
1484:
1482:
1481:
1476:
1471:
1466:
1461:
1455:
1453:
1449:
1448:
1446:
1445:
1440:
1434:
1432:
1422:
1417:
1414:
1413:
1411:
1410:
1405:
1399:
1397:
1390:
1387:
1386:
1384:
1383:
1378:
1373:
1368:
1363:
1358:
1356:Czech Republic
1353:
1347:
1345:
1340:
1337:
1336:
1334:
1333:
1328:
1323:
1318:
1312:
1310:
1301:
1298:
1297:
1294:
1293:
1291:
1290:
1285:
1280:
1275:
1269:
1267:
1261:
1260:
1258:
1257:
1252:
1247:
1242:
1237:
1232:
1227:
1222:
1217:
1212:
1207:
1202:
1197:
1192:
1187:
1182:
1177:
1172:
1167:
1162:
1156:
1154:
1145:
1141:
1140:
1137:
1136:
1134:
1133:
1128:
1123:
1118:
1113:
1108:
1103:
1097:
1095:
1089:
1088:
1086:
1085:
1080:
1075:
1070:
1065:
1060:
1055:
1050:
1045:
1040:
1035:
1030:
1025:
1020:
1014:
1012:
1003:
999:
998:
996:
995:
993:World currency
990:
985:
980:
974:
972:
966:
965:
963:
962:
957:
956:
955:
945:
940:
935:
930:
925:
919:
917:
913:
912:
910:
909:
904:
899:
897:Euro Plus Pact
894:
889:
883:
881:
877:
876:
874:
873:
868:
863:
858:
853:
848:
843:
837:
835:
834:Administration
831:
830:
828:
827:
820:
815:
810:
805:
800:
795:
789:
787:
783:
782:
774:
773:
766:
759:
751:
743:
742:
730:
705:
686:
660:
659:
657:
654:
653:
652:
647:
640:
637:
621:European Union
608:
605:
603:was launched.
589:Wim Duisenberg
576:
573:
555:
554:
552:
551:
544:
537:
529:
526:
525:
512:
511:
508:
507:
502:
495:
494:
488:
487:
486:
481:
476:
470:
467:
466:
463:
462:
457:
456:
453:
447:
446:
443:
437:
436:
433:
427:
426:
423:
417:
416:
413:
407:
406:
403:
397:
396:
393:
387:
386:
383:
377:
376:
373:
367:
366:
363:
357:
356:
353:
347:
346:
343:
341:Rey Commission
337:
336:
333:
325:
320:
319:
316:
315:
310:
309:
306:
300:
299:
296:
294:Treaty of Nice
290:
289:
286:
280:
279:
276:
270:
269:
266:
260:
259:
256:
250:
249:
246:
244:Treaty of Rome
240:
239:
236:
228:
223:
222:
219:
218:
213:
212:
209:
203:
202:
199:
193:
192:
189:
182:
181:
178:
172:
171:
168:
162:
161:
158:
150:
149:
148:(1958–present)
146:
138:
137:
134:
126:
125:
122:
114:
113:
110:
102:
99:
98:
95:
94:
91:
90:
85:
80:
75:
70:
65:
63:Pre-1948 ideas
59:
54:
53:
50:
49:
41:
40:
38:European Union
36:History of the
32:
31:
24:
15:
9:
6:
4:
3:
2:
1848:
1837:
1834:
1832:
1829:
1827:
1824:
1823:
1821:
1806:
1805:
1801:
1796:
1794:
1793:
1789:
1784:
1782:
1781:
1777:
1772:
1771:
1768:
1758:
1755:
1753:
1750:
1749:
1747:
1743:
1737:
1734:
1732:
1729:
1727:
1724:
1722:
1721:Slovak koruna
1719:
1717:
1714:
1712:
1709:
1707:
1704:
1702:
1699:
1697:
1694:
1692:
1689:
1687:
1684:
1682:
1679:
1677:
1674:
1672:
1671:Greek drachma
1669:
1667:
1664:
1662:
1659:
1657:
1654:
1652:
1649:
1647:
1646:Dutch guilder
1644:
1642:
1641:Cypriot pound
1639:
1637:
1636:Croatian kuna
1634:
1632:
1631:Belgian franc
1629:
1627:
1624:
1622:
1619:
1618:
1616:
1612:
1606:
1603:
1602:
1600:
1592:
1586:
1583:
1581:
1578:
1576:
1573:
1571:
1568:
1566:
1563:
1561:
1558:
1556:
1553:
1548:
1540:
1537:
1529:
1526:
1518:
1517:
1516:
1513:
1510:
1506:
1505:
1503:
1499:
1496:
1494:
1490:
1480:
1479:Swedish krona
1477:
1475:
1472:
1470:
1467:
1465:
1462:
1460:
1457:
1456:
1454:
1450:
1444:
1441:
1439:
1438:Bulgarian lev
1436:
1435:
1433:
1426:
1423:
1420:
1415:
1409:
1406:
1404:
1401:
1400:
1398:
1395:
1388:
1382:
1379:
1377:
1374:
1372:
1369:
1367:
1364:
1362:
1359:
1357:
1354:
1352:
1349:
1348:
1346:
1338:
1332:
1329:
1327:
1324:
1322:
1319:
1317:
1314:
1313:
1311:
1308:
1299:
1289:
1286:
1284:
1281:
1279:
1276:
1274:
1271:
1270:
1268:
1266:
1262:
1256:
1253:
1251:
1248:
1246:
1243:
1241:
1238:
1236:
1233:
1231:
1228:
1226:
1223:
1221:
1218:
1216:
1213:
1211:
1208:
1206:
1203:
1201:
1198:
1196:
1193:
1191:
1188:
1186:
1183:
1181:
1178:
1176:
1173:
1171:
1168:
1166:
1163:
1161:
1158:
1157:
1155:
1153:
1149:
1146:
1142:
1132:
1129:
1127:
1124:
1122:
1119:
1117:
1114:
1112:
1109:
1107:
1104:
1102:
1099:
1098:
1096:
1094:
1090:
1084:
1081:
1079:
1076:
1074:
1071:
1069:
1066:
1064:
1061:
1059:
1056:
1054:
1051:
1049:
1046:
1044:
1041:
1039:
1036:
1034:
1031:
1029:
1026:
1024:
1021:
1019:
1016:
1015:
1013:
1011:
1007:
1004:
1002:Denominations
1000:
994:
991:
989:
986:
984:
981:
979:
976:
975:
973:
971:
967:
961:
958:
954:
951:
950:
949:
946:
944:
941:
939:
936:
934:
931:
929:
926:
924:
921:
920:
918:
914:
908:
905:
903:
900:
898:
895:
893:
890:
888:
885:
884:
882:
878:
872:
869:
867:
864:
862:
859:
857:
854:
852:
849:
847:
846:ECB president
844:
842:
839:
838:
836:
832:
826:
825:
824:Euro-Skulptur
821:
819:
816:
814:
811:
809:
806:
804:
801:
799:
796:
794:
791:
790:
788:
784:
779:
772:
767:
765:
760:
758:
753:
752:
749:
739:
734:
719:
715:
709:
702:
698:
695:
690:
675:
671:
665:
661:
651:
648:
646:
643:
642:
636:
634:
630:
626:
622:
618:
617:member states
614:
604:
602:
598:
594:
590:
586:
582:
572:
570:
566:
562:
550:
545:
543:
538:
536:
531:
530:
528:
527:
524:
514:
513:
506:
503:
501:
498:
497:
493:
490:
489:
485:
482:
480:
477:
475:
472:
471:
465:
464:
454:
452:
449:
448:
444:
442:
439:
438:
434:
432:
429:
428:
424:
422:
419:
418:
414:
412:
409:
408:
404:
402:
399:
398:
394:
392:
389:
388:
384:
382:
379:
378:
374:
372:
369:
368:
364:
362:
359:
358:
354:
352:
349:
348:
344:
342:
339:
338:
334:
332:
329:
328:
323:
318:
317:
307:
305:
302:
301:
297:
295:
292:
291:
287:
285:
282:
281:
277:
275:
272:
271:
267:
265:
262:
261:
257:
255:
254:Merger Treaty
252:
251:
247:
245:
242:
241:
237:
235:
232:
231:
226:
221:
220:
210:
208:
207:Western Union
205:
204:
200:
198:
195:
194:
190:
187:
184:
183:
179:
177:
174:
173:
169:
167:
164:
163:
159:
157:
156:
152:
151:
147:
145:
144:
140:
139:
135:
133:
132:
128:
127:
123:
121:
120:
116:
115:
111:
109:
106:
105:
97:
96:
89:
86:
84:
81:
79:
76:
74:
71:
69:
66:
64:
61:
60:
57:
52:
51:
47:
43:
42:
39:
34:
33:
28:
23:
22:
19:
1797:
1785:
1780:Money portal
1773:
1736:Vatican lira
1701:Maltese lira
1686:Latvian lats
1681:Italian lira
1661:French franc
1564:
1474:Romanian leu
1469:Polish złoty
1459:Czech koruna
1443:Danish krone
1288:Vatican City
1073:Starter kits
822:
733:
721:. Retrieved
708:
689:
677:. Retrieved
664:
610:
578:
564:
560:
558:
153:
141:
129:
117:
100:Organisation
88:2004–present
18:
1676:Irish pound
1666:German Mark
1570:Enlargement
1235:Netherlands
871:Euro summit
322:Commissions
211:(1948–1954)
201:(1954–2011)
191:(1993–2009)
180:(2003–2009)
170:(1993–2003)
160:(1993–2009)
136:(1958–1993)
124:(1952–2002)
112:(1958–2009)
1820:Categories
1585:Withdrawal
1408:Montenegro
1283:San Marino
1225:Luxembourg
1131:500 €
1126:200 €
1121:100 €
856:Eurosystem
723:15 October
679:15 October
656:References
1220:Lithuania
1116:50 €
1111:20 €
1106:10 €
1093:Banknotes
1083:Euro mint
988:Petroeuro
866:Eurogroup
808:Euro sign
629:Frankfurt
625:Eurotower
83:1993–2004
78:1973–1993
73:1958–1972
68:1948–1957
1597:and euro
1351:Bulgaria
1250:Slovenia
1245:Slovakia
1240:Portugal
1152:Eurozone
1101:5 €
1053:2 €
1048:1 €
902:Six pack
818:Language
813:Eurozone
697:Archived
639:See also
225:Treaties
56:Timeline
27:a series
25:Part of
1501:General
1493:History
1376:Romania
1366:Hungary
1361:Denmark
1273:Andorra
1205:Ireland
1195:Germany
1185:Finland
1180:Estonia
1170:Croatia
1165:Belgium
1160:Austria
916:Economy
786:General
633:Germany
619:of the
575:History
1544:
1533:
1522:
1403:Kosovo
1381:Sweden
1371:Poland
1278:Monaco
1215:Latvia
1200:Greece
1190:France
1175:Cyprus
861:Ecofin
780:topics
468:Topics
188:pillar
29:on the
1452:Other
1255:Spain
1230:Malta
1210:Italy
1010:Coins
933:Eonia
1428:ERM
778:Euro
725:2007
681:2007
607:Role
601:euro
559:The
455:2019
445:2014
435:2004
425:1999
415:1994
405:1985
395:1981
385:1977
375:1973
365:1972
355:1970
345:1967
335:1958
308:2007
298:2001
288:1997
278:1992
268:1986
258:1965
248:1957
238:1951
1547:EMU
1542:III
1536:ERM
1525:ECU
1043:50c
1038:20c
1033:10c
718:ECB
565:EMI
1822::
1531:II
1430:II
1028:5c
1023:2c
1018:1c
716:.
672:.
627:,
1520:I
1511:"
1507:"
770:e
763:t
756:v
727:.
683:.
631:(
563:(
548:e
541:t
534:v
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
