European Monetary Institute

E397452

The European Monetary Institute was a transitional European Union body established to strengthen monetary cooperation and prepare for the creation of the European Central Bank and the introduction of the euro.

All labels observed (1)

Label Occurrences
European Monetary Institute canonical 3

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf European Union body
monetary institution
appliesToJurisdiction European Union
archivesAt European Central Bank archives
cooperatedWith national central banks of EU member states
country European Union
dissolved 1998-06-01
fieldOfWork economic and monetary union
financial integration
monetary policy coordination
followedBy European Central Bank
foundedBy European Union
hasAbbreviation EMI
hasHeadquartersIn Frankfurt am Main
Germany
hasOfficialLanguage English
French
German
hasScope monetary policy coordination at EU level
inception 1994-01-01
jurisdiction member states of the European Union participating in EMU
keyEvent coordination of monetary policies of EU national central banks
development of convergence criteria monitoring for EMU
preparation of technical framework for the euro
legalBasis Treaty on European Union
surface form: Maastricht Treaty

Treaty on European Union
locatedInTimeZone Central European Time
memberOf European System of Central Banks
surface form: European System of Central Banks (preparatory phase)
namedAfter European Monetary System (conceptual continuity)
operatedDuring second stage of Economic and Monetary Union
partOf process of establishing Economic and Monetary Union
precededBy Committee of Governors of the Central Banks of the Member States of the EEC
surface form: Committee of Governors of the Central Banks of the Member States of the European Economic Community
purpose prepare for the creation of the European Central Bank
prepare for the introduction of the euro
strengthen monetary cooperation between EU member states
relevantFor Delors Report on Economic and Monetary Union
surface form: Stage Two of Economic and Monetary Union

creation of the European System of Central Banks
replaced Committee of Governors of the Central Banks of the Member States of the EEC
surface form: Committee of Governors of the Central Banks of the Member States of the European Economic Community
replacedBy European Central Bank
replacedFunction coordination of central bank governors at EU level
significantDate 1994
1998
status defunct
supervisedBy Council of the European Union
European Council
usedCurrency European Currency Unit (ECU) as reference unit
website https://www.ecb.europa.eu (successor institution information)

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Monetary Cooperation Fund replacedBy European Monetary Institute
Committee of Governors followedBy European Monetary Institute