economic and monetary union (EMU)

简明释义

经济及货币同盟

英英释义

例句

1.The economic and monetary union (EMU) aims to ensure stable prices and economic growth across member states.

经济和货币联盟 (EMU)旨在确保成员国之间的价格稳定和经济增长。

2.The creation of the euro was a significant step towards achieving an economic and monetary union (EMU) in Europe.

欧元的创建是实现欧洲经济和货币联盟 (EMU)的重要一步。

3.Many countries in the EU are committed to the principles of economic and monetary union (EMU).

许多欧盟国家致力于经济和货币联盟 (EMU)的原则。

4.Critics argue that the economic and monetary union (EMU) limits individual countries' fiscal policies.

批评者认为，经济和货币联盟 (EMU)限制了各国的财政政策。

5.The economic and monetary union (EMU) has faced challenges during economic downturns.

经济和货币联盟 (EMU)在经济衰退期间面临挑战。

作文

The concept of economic and monetary union (EMU) has been a cornerstone of European integration. Established primarily to facilitate economic cooperation among member states, the economic and monetary union (EMU) aims to create a single market and a unified currency, thereby enhancing trade and investment opportunities across Europe. The euro, introduced in 1999, serves as the official currency for most EU countries and symbolizes this deep economic collaboration. One of the primary objectives of the economic and monetary union (EMU) is to ensure stability and growth within the participating nations. By adopting a common currency, member states eliminate exchange rate fluctuations, which can hinder trade and investment. This stability is crucial for businesses, as it allows them to plan for the future without the fear of sudden changes in currency value. Furthermore, the economic and monetary union (EMU) promotes price transparency, making it easier for consumers to compare prices across borders, thus fostering competition and benefiting consumers. However, the economic and monetary union (EMU) is not without its challenges. One significant issue is the disparity in economic performance among member states. Countries like Germany and France have strong economies, while others, such as Greece and Portugal, have struggled with debt and economic instability. This divergence creates tension, as decisions made by the European Central Bank (ECB) may not suit all member states equally. For example, low-interest rates may benefit struggling economies but could lead to inflation in stronger ones. Another challenge facing the economic and monetary union (EMU) is the lack of a fiscal union. While the EMU establishes a framework for monetary policy, it does not provide for a centralized fiscal policy. This means that individual countries retain control over their budgets, which can lead to imbalances and financial crises. The Eurozone crisis of the early 2010s highlighted these weaknesses, as countries like Greece faced severe economic difficulties, prompting calls for more robust fiscal integration. Despite these challenges, the economic and monetary union (EMU) has brought significant benefits to its member states. It has fostered greater economic collaboration, allowing countries to work together to address common issues. The shared currency has also made travel and trade easier, encouraging tourism and cross-border commerce. Additionally, the economic and monetary union (EMU) has strengthened Europe's position on the global stage, giving it more influence in international economic discussions. In conclusion, the economic and monetary union (EMU) represents both an ambitious vision for economic integration and a complex reality filled with challenges. As Europe continues to navigate these difficulties, the success of the EMU will depend on the ability of member states to collaborate effectively and find solutions that benefit all. The journey towards a more integrated Europe is ongoing, and the economic and monetary union (EMU) will play a pivotal role in shaping the continent's economic future.

经济与货币联盟（EMU）的概念一直是欧洲一体化的基石。其主要目的是促进成员国之间的经济合作，经济与货币联盟（EMU）旨在创建一个单一市场和统一货币，从而增强欧洲各国之间的贸易和投资机会。1999年推出的欧元成为大多数欧盟国家的官方货币，象征着这种深度的经济合作。经济与货币联盟（EMU）的主要目标之一是确保参与国家的稳定与增长。通过采用共同货币，成员国消除了汇率波动，这可能会阻碍贸易和投资。这种稳定对企业至关重要，因为它使企业能够为未来进行规划，而不必担心货币价值的突然变化。此外，经济与货币联盟（EMU）促进了价格透明性，使消费者更容易跨境比较价格，从而促进竞争，惠及消费者。然而，经济与货币联盟（EMU）并非没有挑战。一个显著的问题是成员国之间经济表现的差异。德国和法国等国经济强劲，而希腊和葡萄牙等国则面临债务和经济不稳定的困扰。这种差异造成了紧张局势，因为欧洲中央银行（ECB）所做的决策可能并不适合所有成员国。例如，低利率可能有利于经济疲软的国家，但可能导致强国的通货膨胀。经济与货币联盟（EMU）面临的另一个挑战是缺乏财政联盟。虽然EMU建立了货币政策框架，但并未提供集中财政政策。这意味着各国仍然保留对其预算的控制权，这可能导致失衡和金融危机。2010年代初的欧元区危机突显了这些弱点，因为希腊等国面临严重的经济困境，促使人们呼吁加强财政一体化。尽管面临这些挑战，经济与货币联盟（EMU）为其成员国带来了显著的好处。它促进了更大的经济合作，使各国能够共同应对共同问题。共享货币也使旅行和贸易更加便利，鼓励旅游和跨境商业。此外，经济与货币联盟（EMU）增强了欧洲在全球舞台上的地位，使其在国际经济讨论中拥有更多影响力。总之，经济与货币联盟（EMU）既代表了经济一体化的雄心勃勃愿景，也是一种充满挑战的复杂现实。随着欧洲继续应对这些困难，EMU的成功将取决于成员国有效合作并找到惠及所有人的解决方案。迈向更一体化的欧洲之旅仍在继续，经济与货币联盟（EMU）将在塑造大陆经济未来中发挥关键作用。