Economic and monetary union. Legal and political texts (2007)
Secretariat General - Council of the European Union
Section: Exchange rate mechanism in the third stage of EM
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1. Principles and Objectives- 2. Main Features
Resolution of the European Council on the establishment of an exchange rate mechanism in the third stage of economic and monetary union Amsterdam, 16 June 1997
Building83 on the agreements reached at its meetings in Florence and Dublin, the European Council has today agreed as follows: AN EXCHANGE RATE MECHANISM WILL BE SET UP WHEN THE THIRD STAGE OF ECONOMIC AND MONETARY UNION BEGINS ON i JANUARY 1999. With the start of the third stage of economic and monetary union, the European Monetary System will be replaced by the exchange rat...
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