摘要:European Economic and Monetary Union is the most important development since creating in 1946 and
establishing flexible monetary system in 1971 of Bretton Woods System. Nowaday, Euro is the common currency of
the European Union. Shortly, EURO is the name of currency which have been created by common wishes of member
states of the European Monetary Union, as the last level of common market system, who withdrawed from own
national currencies and admitted common one. The lattest purpose of EU to create political union is based on
economical issues, so for realisation of this purpose it was suggested transition to the common currency-EURO.
关键词:European Monetary Union, Euro, Common European Monetary System