Exchange rate mechanism between the euro and other participating national currencies

 

SUMMARY OF:

Resolution of the European Council on the establishment of an exchange-rate mechanism

Agreement between the European Central Bank and the central banks of EU countries outside the euro area laying down the operating procedures for an exchange rate mechanism in Economic and Monetary Union

WHAT IS THE AIM OF THE RESOLUTION AND THE AGREEMENT?

KEY POINTS

FROM WHEN DO THE RESOLUTION AND AGREEMENT APPLY?

BACKGROUND

MAIN DOCUMENTS

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 (OJ C 236, 2.8.1997, pp. 5–6)

Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union (OJ C 73, 25.3.2006, pp. 21–27)

RELATED DOCUMENTS

Agreement of 21 December 2006 between the European Central Bank and the national central banks of the Member States outside the euro area amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union (OJ C 14, 20.1.2007, pp. 6–8)

Agreement of 14 December 2007 between the European Central Bank and the national central banks of the Member States outside the euro area amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union (OJ C 319, 29.12.2007, pp. 7–9)

Agreement of 13 December 2010 between the European Central Bank and the national central banks of the Member States outside the euro area amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union (OJ C 5, 8.1.2011, pp. 3–6)

Agreement of 21 June 2013 between the European Central Bank and the national central banks of the Member States whose currency is not the euro amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of economic and monetary union (OJ C 187, 29.6.2013, pp. 1–4)

Agreement of 13 November 2014 between the European Central Bank and the national central banks of the Member States outside the euro area amending the Agreement of 16 March 2006 between the European Central Bank and the national central banks of the Member States outside the euro area laying down the operating procedures for an exchange rate mechanism in stage three of Economic and Monetary Union (OJ C 64, 21.2.2015, pp. 1–4)

last update 11.04.2017