Economic and monetary union (EMU)
Economic and Monetary Union (EMU) involves close coordination at European level of the economic policies in the EU countries, and requires them to avoid excessive budget deficits ("Stability and growth pact").
EMU has led to the introduction of a single currency: the euro.
Legislative instruments
- 12007L
Treaty of Lisbon amending the Treaty on European Union and the Treaty establishing the European Community, signed at Lisbon, 13 December 2007
Official Journal 306 , 13/12/2006 P. 0001 - 0271
- 32008H0078
Commission Recommendation of 10 January 2008 on measures to facilitate future changeovers to the euro (notified under document number C(2007) 6912)
Official Journal L 023 , 26/01/2008 P. 0030 - 0032
- 31998R0974
Council Regulation (EC) No 974/98 of 3 May 1998 on the introduction of the euro
Official Journal L 139 , 11/05/1998 P. 0001 - 0005
- 32008H0078
Commission Recommendation of 10 January 2008 on measures to facilitate future changeovers to the euro (notified under document number C(2007) 6912)
Official Journal L 023 , 26/01/2008 P. 0030 - 0032
- 31997R1103
Council Regulation (EC) No 1103/97 of 17 June 1997 on certain provisions relating to the introduction of the euro
Official Journal L 162 , 19/06/1997 P. 0001 - 0003
- 31998R2866
Council Regulation (EC) No 2866/98 of 31 December 1998 on the conversion rates between the euro and the currencies of the Member States adopting the euro
Official Journal L 359 , 31/12/1998 P. 0001 - 0002
- 31997R1103
Council Regulation (EC) No 1103/97 of 17 June 1997 on certain provisions relating to the introduction of the euro
Official Journal L 162 , 19/06/1997 P. 0001 - 0003
- 31996D0736
96/736/EC: Council Decision of 13 December 1996 in accordance with Article 109 j (3) of the Treaty establishing the European Community, on entry into the third stage of economic and monetary union
Official Journal L 335 , 24/12/1996 P. 0048 - 0049
- 31998D0415
98/415/EC: Council Decision of 29 June 1998 on the consultation of the European Central Bank by national authorities regarding draft legislative provisions
Official Journal L 189 , 03/07/1998 P. 0042 - 0043
- 41972X0418
Resolution of the Council and of the Representatives of the Governments of the Member States of 21 March 1972 on the application of the Resolution of 22 March 1971 on the attainment by stages of economic and monetary union in the Community
Official Journal C 038 , 18/04/1972 P. 0003 - 0004
English special edition: Series II Volume IX P. 0065
- 31997R1466
Council Regulation (EC) No 1466/97 of 7 July 1997 on the strengthening of the surveillance of budgetary positions and the surveillance and coordination of economic policies
Official Journal L 209 , 02/08/1997 P. 0001 - 0005
- 32009O0001
Guideline of the European Central Bank of 20 January 2009 amending Guideline ECB/2000/7 on monetary policy instruments and procedures of the Eurosystem (ECB/2009/1)
Official Journal L 036 , 05/02/2009 P. 0059 - 0061
- 31998D0317
98/317/EC: Council Decision of 3 May 1998 in accordance with Article 109j(4) of the Treaty
Official Journal L 139 , 11/05/1998 P. 0030 - 0035
- 32009H0531
Council Recommendation of 25 June 2009 on the 2009 update of the broad guidelines for the economic policies of the Member States and the Community and on the implementation of Member States’ employment policies
Official Journal L 183 , 15/07/2009 P. 0001 - 0026
- 32010D0182
2010/182/: Council Decision of 16 February 2010 giving notice to Greece to take measures for the deficit reduction judged necessary in order to remedy the situation of excessive deficit
Official Journal L 083 , 30/03/2010 P. 0013 - 0018
- 32010A0225(01)
Council Opinion of 2 December 2009 on the complement to the updated stability programme of Belgium, 2008-2012
Official Journal C 047 , 25/02/2010 P. 0001 - 0005
- 32009A0819(01)
Council Opinion of 7 July 2009 on the updated stability programme of Slovenia, 2008-2011
Official Journal C 195 , 19/08/2009 P. 0001 - 0005
- 32002R0332
Council Regulation (EC) No 332/2002 of 18 February 2002 establishing a facility providing medium-term financial assistance for Member States' balances of payments
Official Journal L 053 , 23/02/2002 P. 0001 - 0003
- 32009R0479
Council Regulation (EC) No 479/2009 of 25 May 2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community (Codified version)
Official Journal L 145 , 10/06/2009 P. 0001 - 0009
- 31997R1467
Council Regulation (EC) No 1467/97 of 7 July 1997 on speeding up and clarifying the implementation of the excessive deficit procedure
Official Journal L 209 , 02/08/1997 P. 0006 - 0011
Preparatory acts
- 52010AB0028
Opinion of the European Central Bank of 31 March 2010 on a proposal for a Council Regulation amending Regulation (EC) No 479/2009 as regards the quality of statistical data in the context of the excessive deficit procedure (CON/2010/28)
Official Journal C 103 , 22/04/2010 P. 0001 - 0005
- 52010DC0091
Communication from the Commission to the Council - Follow-up to the Council Decision of 16 February 2010, giving notice to Greece to take measures for the deficit reduction judged necessary in order to remedy the situation of excessive deficit
- 52009AE0633
Opinion of the European Economic and Social Committee on the Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee, the Committee of the Regions and the European Central Bank — EMU@10: successes and challenges after 10 years of Economic and Monetary Union
Official Journal C 228 , 22/09/2009 P. 0116 - 0122
- 52009DC0545
Communication from the Commission to the European Parliament and the Council - Long-term sustainability of public finances for a recovering economy {SEC(2009) 1354}
- 52009IE1469
Opinion of the European Economic and Social Committee on The impact of the global crisis on the main European manufacturing and services sectors (Own-initiative opinion)
Official Journal C 318 , 23/12/2009 P. 0043 - 0051
- 52010DC0010
Communication from the Commission to the Council - Assessment of the action taken by Latvia and Hungary in response to the Council Recommendations of 7 July 2009 with a view to bringing an end to the situation of excessive government deficit
- 52010DC0024
Communication from the Commission to the Council - Assessment of the action taken by Poland in response to the Council Recommendation to Poland with a view to bringing an end to the situation of excessive government deficit
- 52010DC0001
- 52010DC0052
Communication from the Commission to the European Parliament, the Council and the Court of Auditors - Impact of the action plan to strengthen the Commission's supervisory role under shared management of structural actions
- 52009DC0114
Communication for the spring European Council - Driving European recovery - Volume 1
- 52009DC0252
Communication from the Commission - European financial supervision {SEC(2009) 715} {SEC(2009) 716}
- 52008DC0800
Communication from the Commission to the European Council - A European Economic Recovery Plan
- 52007DC0316
Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee, the Committee of the Regions and the European Central Bank - Public Finances in EMU - 2007 - Ensuring the effectiveness of the preventive arm of the SGP {SEC(2007) 776}
- 52006IE0244
Opinion of the European Economic and Social Committee on Strengthening economic governance — The reform of the Stability and Growth Pact
Official Journal C 088 , 11/04/2006 P. 0068 - 0075
- 52004DC0748
Communication from the Commission to the Council, the European Parliament, the European Economic and Social Committee, the Committee of the Regions and the European Central Bank - First report on the practical preparations for the future enlargement of the euro area SEC(2004) 1383
Other acts
- 52008IE1903
Opinion of the European Economic and Social Committee on Economic democracy in the internal market
Official Journal C 175 , 28/07/2009 P. 0020 - 0025
- 51997DC0027
1997 ANNUAL ECONOMIC REPORT - Growth, employment and convergence on the road to EMU
- 52004DC0690
Report from the Commission - Convergence Report 2004 (prepared in accordance with Article 122(2) of the Treaty) [SEC(2004) 1268]
- 52010DC0001
- 62004J0027
Judgment of the Court (Full Court) of 13 July 2004.
Commission of the European Communities v Council of the European Union.
Action for annulment - Article 104 EC - Regulation (EC) No 1467/97 - Stability and Growth Pact - Excessive government deficits - Council decisions under Article 104(8) and (9) EC - Required majority not achieved - Decisions not adopted - Action challenging "decisions not to adopt the formal instruments contained in the Commission's recommendations' - Inadmissible - Action challenging "Council conclusions'.
Case C-27/04.
European Court reports 2004 Page I-06649
- 62000A0003
Judgment of the Court of First Instance (Fifth Chamber) of 27 November 2007.
Athanasios Pitsiorlas v Council of the European Union and European Central Bank.
Access to documents - Basle/Nyborg Agreement - Action for annulment - Challengeable acts - Statement of reasons - Plea of illegality - Decision 93/731/EC - Rules of Procedure of the European Central Bank - Action for damages - Non-contractual liability of the Community for the unlawful conduct of its organs - Damage - Causal link.
Joined cases T-3/00 and T-337/04.
European Court reports 2007 Page II-04779
- 62002A0056
Judgment of the Court of First Instance (Fifth Chamber) of 14 October 2004.
Bayerische Hypo- und Vereinsbank AG v Commission of the European Communities.
Competition - Article 81 EC - Price-fixing agreement and ways of charging for currency exchange services - Germany - Procedure in default.
Case T-56/02.
European Court reports 2004 Page II-03495
- 92003E0014
WRITTEN QUESTION E-0014/03 by Christopher Huhne (ELDR) to the Commission. Economic integration.
Official Journal 051 E , 26/02/2004 P. 0013 - 0014
- 92002E2211
WRITTEN QUESTION P-2211/02 by Joaquim Miranda (GUE/NGL) to the Commission. Growth and Stability Pact.
Official Journal 192 E , 14/08/2003 P. 0055 - 0056
- 92002E0474
WRITTEN QUESTION E-0474/02 by Salvador Garriga Polledo (PPE-DE) to the Commission. Use of the early warning procedure for excessive national deficits.
Official Journal 309 E , 12/12/2002 P. 0025 - 0025
- 92002E0088
WRITTEN QUESTION E-0088/02 by Erik Meijer (GUE/NGL) to the Commission. Use of the euro to make domestic payments in areas outside the European Monetary Union zone.
Official Journal 309 E , 12/12/2002 P. 0009 - 0010

