到欧洲经济和货币联盟的时候。
我们已经提到强化这个经济和货币联盟在经济方面的作用的必要。
OLIVIER BAILLY: "We already mentioned the need to strengthen the economic part of the economic and monetary union."
贝利说：“我们已经提到需要加强这个经济和货币联盟的经济部分。”
"We already mentioned the need to strengthen the economic part of the economic and monetary union," Bailly said.
1991年欧洲峰会在荷兰的马斯特里赫特举行，同时实现经济和货币联盟的计划也被写入新的欧盟条约，但是稍后有待于成员国批准。
Yet by the time a 1991 European summit was held in the Dutch city of Maastricht, a plan for economic and monetary union (EMU) was written into a new EU treaty, to be ratified by member states later.
尽管经济和货币联盟已成立了三年，在写本文的时候，印花税票的调整、 需求方面的差异都在抑制泛欧洲资产管理市场。
Regulatory , fiscal and demand-side differences are at the time of writing holding back a Pan European asset management market, despite three years of EMU.
这些目标不仅可以确保稳定的经济环境，同时也保证了加入欧元区国家间一定水平的融合程度，从而使得经济和货币联盟能够正常运作。
These targets ensure not only stable economic conditions but also a DE GREe of convergence between participating member states which allows EMU to function smoothly.
当资本流入停滞的时候，经济崩溃可能是非常痛苦的——如果固定汇率(或货币联盟)要求名义工资和价格在一定时期内下降，情况就更加糟糕。
The economic collapse, when inflows of capital halt, can be very painful - even more so if a fixed exchange rate (or currency union) demands a period of falling nominal wages and prices.
根据“欧元条约”，各国可以进行经济和财政政策的尝试以更好的应对货币联盟中的困难，例如增加工资的灵活性。
Under a "pact for the euro" there will be economic and fiscal workouts that will allow countries to cope better with the rigours of monetary union-including, for example, greater wage flexibility.
今年九月，因为以德国为首的十六成员货币联盟经济信心指数达到近三年的最高点，欧元地区的消费者和企业信心猛增。
Consumer and business confidence rose in the euro area in September, with Germany leading the economic-sentiment indicator for the 16-member currency union close to a three-year high.
根据“欧元条约”，各国可以进行经济和财政政策的尝试以更好的应对货币联盟中的困难，例如增加工资的灵活性。
Under a "pact for the euro" there will be economic and fiscal workouts that will allow countries to cope better with the rigours of monetary union—including, for example, greater wage flexibility.
1991年由当时欧洲共同体12个成员国签署的协议。该协议确定这个集团加入欧洲经济货币联盟的时间表和标准。
An agreement signed in 1991 by the 12 member nations of the the European Community, that set the timetable and criteria for Economic and Monetary Union within the bloc.
本文首先介绍经济一体化的一般理论和最优货币区理论，并简要回顾欧盟以及欧洲经济货币联盟成立的过程。
This paper first introduces general theories of economic integration and optimal currency area and reviews the history of European Union and European economic and Monetary Union.
本文首先介绍经济一体化的一般理论和最优货币区理论，并简要回顾欧盟以及欧洲经济货币联盟成立的过程。
This paper first introduces general theories of economic integration and optimal currency area and reviews the history of European Union and European economic and Monetary Union.
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