Launch of the 1st Stage of Implementation of the Economic and Monetary Union

1/7/1990

The 1st stage towards the Economic and Monetary Union begins, with the following features:
a) Full liberalization of capital transactions
b) Increased cooperation among central banks
c) Free use of the ECU (European Currency Unit, precursor to the euro)
d) Improvement of economic convergence

More important events

The Lisbon Treaty Comes into Force

Signing of the Treaty of Nice

Treaty of Amsterdam

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