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European Union
Enlargement of the European Union 77.gif

This article is part of the series:
History of the
European Union

Pre-1945
See also
History of Europe
Enlargement - Treaties
Timeline - Presidents
  

The European Monetary Institute (EMI) was the forerunner of the European Central Bank (ECB). It encouraged cooperation between the national banks of the member states of the EU.

Created 1 January 1994, it was the key monetary institution of the second phase of the Economic and Monetary Union of the European Union, and was dissolved with the creation of the ECB and the European System of Central Banks.

The EMI first president was Alexandre Lamfalussy.


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