What is the Economic and Monetary Union? (EMU)

The Economic and Monetary Union (EMU) represents a major step in the integration of EU economies.

How the Economic and Monetary Union works

The Economic and Monetary Union is not an end in itself. It is a means to provide stability and for stronger, more sustainable and inclusive growth...

Deepening the Economic and Monetary Union

Following the outbreak of the economic and financial crisis, the European Union took unprecedented measures to strengthen the Economic and Monetary Union and make sure that Europe is better prepared for future shocks. As a result, the euro area architecture is now much more robust than before. However, further work lies ahead to make sure that the benefits of the Economic and Monetary Union reach all EU citizens.