Eurozone/Timelines: Difference between revisions
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* 1999: Stage 3 begins. The exchange rates of the participating nations are Stage 3 begins. The exchange rates of the participating nations are fixed and the euro begins to trade on financial markets | * 1999: Stage 3 begins. The exchange rates of the participating nations are Stage 3 begins. The exchange rates of the participating nations are fixed and the euro begins to trade on financial markets | ||
* 2002: Euro notes and coins enter into circulation in all participating Member States. | * 2002: Euro notes and coins enter into circulation in all participating Member States. | ||
* 2010 | |||
::May: Launch of the European Financial Stability Facility[http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/114324.pdf] | |||
Revision as of 10:11, 20 February 2011
- 1970: The Werner Report
- 1972: The snake
- 1973: European Monetary Cooperation Fund
- 1974: Council Decision on the attainment of a high degree of convergence in the Community
- 1975: Launch of the European Currency Unit
- 1978: European Council resolution
- 1979: Launch of the European Monetary System
- 1986: The Single European Act is signed
- 1989: The Delors Committee report calls for the establishment of the European Monetary Union through
- The Madrid Summit of the European Council agrees that Stage 1 (the completion of the internal market and the removal of all obstacles to financial integration) will start on July 1st 1990.
- 1990: The Rome Summit of the European Council agrees that Stage 2 of EMU will begin on 1st January 1994
- 1992: Signing of the Maastricht Treaty
- 1999: Stage 3 begins. The exchange rates of the participating nations are Stage 3 begins. The exchange rates of the participating nations are fixed and the euro begins to trade on financial markets
- 2002: Euro notes and coins enter into circulation in all participating Member States.
- 2010
- May: Launch of the European Financial Stability Facility[1]