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Acronymfinder

What does EMS stand for?

EMS stands for European Monetary System


This definition appears very frequently

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We have 614 other meanings of EMS in our Acronym Attic

Samples in periodicals archive:

After the demise of the Bretton Woods international monetary system, in which the dollar served as the world's key currency, they strongly advocated the introduction of the European Monetary System with stable yet adaptable exchange rates and the European Currency Unit -- the administrative unit that became the Euro -- as the standard unit of account.
Last Thursday, in a speech to the International Project Finance Association I stuck my neck out by suggesting a year from now I believed that the Euro will have survived albeit one that by then could be on the point of emerging as a two-tier based currency system closely based on the former European Monetary System.
Similarly, Francisco Torres' "The Long Road to EMU: The Economic and Political Reasoning behind Maastricht", gives an outstanding insight in the long process that links the decline of Bretton Woods system to the introduction of the European Monetary System and the European Monetary Union.
The European Monetary System began as a high-level reaction to global currency chaos, and in particular to the depreciation of the dollar in 1977 and 1978, which seemed to threaten its continued role as the major international reserve currency.
I think that if the Government has slept on the job, the revenge of the electorate on the Labour Party will be more lasting than it was against the Conservatives for their ineptitude when we had to withdraw in haste and confusion from the European Monetary System.