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Investments glossary

European Economic and Monetary Union – EMU


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Quotes of the day:

Better stop short than fill to the brim. Oversharpen the blade, and the edge will soon blunt. Amass a store of gold and jade, and no one can protect it. Claim wealth and titles, and disaster will follow. Retire when the work is done. This is the way of heaven.

— Tao Te Ching

The European Economic and Monetary Union (EMU) combined the European Union member states into a cohesive economic system. It is the successor to the European Monetary System (EMS).


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