The European Monetary System (EMS) was in fact the founding stone leading to the European single currency the Euro.

欧洲货币体系(EMS)，其实是通往欧洲单一货币欧元的奠基石。

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The drachma disappeared, replaced by the euro when Greece joined the single European currency.

自希腊加入欧洲单一货币体系后，旧的希腊货币系统消失了，取而代之的是欧元。

《柯林斯英汉双解大词典》

First, as chancellor, he gave independence to the Bank of England and kept the UK out of the single European currency.

首先，在担任财政大臣期间，他赋予英国央行独立性，并且没有让英国加入欧洲单一货币体系。

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But the most distinctive difference between the parties lies in their attitude to the European single currency.

ECONOMIST: This time it matters

With the exception of the European single currency, the Tories are not keen on making firm commitments.

ECONOMIST: The Tories

All the candidate countries have had to sign up to join the European single currency in due course.

ECONOMIST: A survey of European Union enlargement