EUROPEAN MONETARY SYSTEM


Meaning of EUROPEAN MONETARY SYSTEM in English

( abbr the EMS )

a system, started in 1979, to help the member countries of the European Union to keep a steady economic balance in Europe. It was responsible for introducing the ERM .

Oxford guide to British and American culture English vocabulary.      Руководство по британской и американской культуре, Оксфордский английский словарь.