
	Introduction to the euro
	The European Central Bank and the Eurosystem
	The ECB's monetary policy
	Denmark and the euro
	Non-euro area EU member states
	Economic-policy cooperation in the EU
	Cash changeover
	History of the Euro

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EMU, first stage

In the first stage, the initial steps were taken towards greater coordination of the member states' economic policies. The member states were each to monitor the others' economies to ensure a more uniform development. Central banks were to consult each other on monetary-policy issues, and member states were to participate in the EMS.

Last update: 10/04/2011

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