European Monetary System

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf monetary system
gptkbp:aimsTo reduce exchange rate volatility
gptkbp:composedOf Exchange Rate Mechanism (ERM)
gptkbp:createdBy prepare for the introduction of a single currency
gptkbp:established 1979
gptkbp:facilitates trade among member states
gptkbp:goal stabilize exchange rates
https://www.w3.org/2000/01/rdf-schema#label European Monetary System
gptkbp:includes gptkb:European_Currency_Unit_(ECU)
monetary cooperation
gptkbp:influenced European_Central_Bank_(ECB)
gptkbp:involvedCountries European_Union_member_states
gptkbp:is_a Euro
gptkbp:led_to introduction of the Euro
gptkbp:operates_in 1999
gptkbp:promotes economic convergence
gptkbp:replacedBy gptkb:Eurozone
gptkbp:succeededBy gptkb:Economic_and_Monetary_Union_(EMU)