Yet by the time a 1991 European summit was held in the Dutch city of Maastricht, a plan for economic and monetaryunion (EMU) was written into a new EU treaty, to be ratified by member states later.
Will European Economic and MonetaryUnion (EMU) still exist?
欧洲经济与货币联盟(EMU)是否仍然存在?
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The author thinks Euros weakness at the beginning resulted from her own some instability and the weak economic strength of EMU (European economic and MonetaryUnion).