European Monetary Union
(缩略词：EMU)
- a European Union programme intended to work towards full economic unity in Europe based on the phased introduction of a common currency (the ecu). Announced in 1989, it was delayed by difficulties with the Exchange Rate Mechanism, but under the terms of the Maastricht Treaty the second stage came into effect on 1 January 1994.欧洲货币联盟（欧盟的一项试图分阶段建立以共同货币［欧洲货币单位］为基础的欧洲经济大一统计划, 该计划于1989年宣布, 但是由于汇率机制困难重重而延期; 根据《马斯特里赫特条约》有关条款, 第二阶段于1994年1月1日启动）。