EMU meaning in International Organization ?

Answer:

What is European Monetary Union mean?

The Economic and Monetary Union (EMU) is an umbrella term for the group of policies aimed at converging the economies of member states of the European Union at three stages. The policies cover the 19 eurozone states, as well as non-euro European Union states.

Each stage of the EMU consists of progressively closer economic integration. Only once a state participates in the third stage it is permitted to adopt the euro as its official currency. As such, the third stage is largely synonymous with the eurozone. The euro convergence criteria are the set of requirements that needs to be fulfilled in order for a country to join the eurozone. An important element of this is participation for a minimum of two years in the European Exchange Rate Mechanism ("ERM II"), in which candidate currencies demonstrate economic convergence by maintaining limited deviation from their target rate against the euro.

Nineteen EU member states, including most recently Lithuania, have entered the third stage and have adopted the euro as their currency. All new EU member states must commit to participate in the third stage in their treaties of accession. Only Denmark, whose EU membership predates the introduction of the euro, has a legal opt-out from the EU Treaties granting an exemption from this obligation. The remaining seven non-euro member states are obliged to enter the third stage once they comply with all convergence criteria.

reference

Full Form	Category
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Electric Multiple Units	Academic & Science
Eastern Mediterranean University	Academic & Science
Evolutionary Map of the Universe	Academic & Science
Eesti Maaülikool	Academic & Science
Eastern Michigan University	Academic & Science
Economic and Monetary Union	Accounts and Finance
EMU Nickel NL	Business
Ecosystem Management Understanding	Business
External Marketable Unit	Business
Ecosystem Management Unit	Business Management
Erb Memorial Union	Community
Education For Mutual Understanding	Community
European Manufacturing Union	Community
The Electronically Mediated Urb	Community
The Economical and Monetary Union	Community
Enhanced Mini-USB	Computing
Emulation	Computing
Entertainment Music Unit	Computing
Environmental Monitoring Unit	Computing
Electro-magnetic Unit	Electronics
Electrical Multiple Unit	Electronics
Terminal Emulation Data (bitcom)	File Type
Engine Monitoring Unit (GE)	General
Engine Monitor Unit (RR)	General
Even More Uncertainty	General
Extravehicular Maneuvering Unit	General
Ecological Marine Unit	General
Extraction Manipulation and Update	General
Ecological Marine Units	General
EAP Method Update	General
Even More Unemployment	General
Engineer Muhammad Umair	General
Employees Massively Underpaid	General
Engine Management Unit	General
Eric Martsolf Unlimited	General
Electronically Measured Unit	General
Energy Monitoring Unit	Governmental
Electric Multiple-Unit Car	Governmental
Economic Monetary Union	Governmental
Emergency Mobile Unit	Governmental
Energy Matter Unit	Governmental
Electronic Monitoring Unit	Governmental
English Metric Unit	International
European Monetary Union	International Organization
English Mass Unit	Measurement Unit
Electric Multiple Unit	Measurement Unit
Early Morning Urine	Medical
Emergency Medical Unit	Medical
Emergency Medical University	Medical
Epilepsy Monitoring Unit	Medical
Experimental Military Unit	Military and Defence
European Metal Union	Regional
Engineering Model Unit	Space Science
Extended Memory Unit	Space Science
Extravehicular Mobility Unit	Space Science
East Meath United	Sports
Estimated Monthly Usage	Stock Exchange