Examples of using Monetary union in English and their translations into Hebrew
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The Monetary Union.
The Scandinavian Monetary Union.
The Monetary Union.
It led to the creation of the European Union andwas the result of separate negotiations on monetary union and on political union. .
First, a monetary union.
The Monetary Union finished with the flare-up of World War I in 1914.
The Latin Monetary Union.
If all of a sudden one member leaves, it does create a precedent,and maybe suddenly casts some doubt on the long-term future of the monetary union.”.
Economic and Monetary Union.
While technically not part of the European Union, both of these states are alsopart of the Schengen Region and the European Monetary Union.
European Monetary Union.
In 1997 Helmut Kohl stated that Schäuble was his desired candidate to succeed him, but he did not want tohand over power until 2002 when the European monetary union would be completed with the introduction of the euro.
Observers have often said the monetary union cannot work without a fiscal union. .
The Scandinavian monetary union was not formally dissolved, but in fact it ceased to exert any influence on the monetary policy of the three states in 1924.
Euro European Monetary Union.
The Scandinavian monetary union assumed an equal value of the currencies of the Scandinavian states in relation to gold, the content of which in coins was set at 0.4032258 grams.
The Greeks were never ready for the monetary union, and they still aren't ready today.
The Maastricht Treaty established a monetary union, but the political union that is an indispensable precondition for the common currency's success remained a mere promise.
Enthusiasts for European integration did not see any of these problems as insuperable,because they expected monetary union to lead inexorably to closer political union. .
In 1868, Greece joined the Latin Monetary Union and the drachma became equal in weight and value to the French franc.
Political leaders have finally realised that monetary union cannot work without fiscal union. .
It can be said that Europe‘got stuck' in a state of monetary union together with different countries, with different inhabiting peoples, different cultures, and dissimilar economies- this is the actual underlying problem.
The cash was presented as an aftereffect of the Scandinavian Monetary Union with Norway and Denmark, which kept going until World War I.
During the 1990s Italy, too,toyed with letting economic and monetary union go ahead without it, partly because its public debt was far above the Maastricht ceiling of 60% of GDP, but also because its post-war economic success had been built on frequent devaluations.
When we heralded the agreements creating the currency in 1998,we noted first and foremost that a successful monetary union“would promote free and efficient commerce everywhere”- and not only within Europe.
Once the idea enters peoples' minds that monetary union is not forever, speculation begins… who's next?
To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
In 1865, France was a founding member of the Latin Monetary Union, an early attempt to unite European economies under one currency.