European Monetary Cooperation Fund

E123263

The European Monetary Cooperation Fund was a pre-euro financial institution of the European Community that supported monetary cooperation and exchange rate stability among member states.

All labels observed (1)

Label Occurrences
European Monetary Cooperation Fund canonical 1

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf European Community financial institution ⓘ
monetary cooperation mechanism ⓘ
appliesToJurisdiction European Community ⓘ
European Economic Community ⓘ
country European Communities ⓘ
dissolved 1994 ⓘ
follows Basel agreements on monetary cooperation among EEC central banks ⓘ
foundedBy Member States of the European Economic Community ⓘ
hasEffect reduced exchange rate volatility among participating European currencies ⓘ
strengthened policy coordination among European central banks ⓘ
hasMainGoal coordinate the use of the European Currency Unit ⓘ
manage medium-term financial assistance between member states ⓘ
manage short-term monetary support between central banks of member states ⓘ
prepare for closer economic and monetary integration in Europe ⓘ
promote exchange rate stability within the European Community ⓘ
support monetary cooperation among member states of the European Community ⓘ
hasRole administer the European Currency Unit ⓘ
facilitate interventions in foreign exchange markets ⓘ
provide short-term balance-of-payments support ⓘ
support the exchange rate mechanism of the European Monetary System ⓘ
headquartersLocation Luxembourg ⓘ
inception 1973 ⓘ
1974 ⓘ
legalForm institution of the European Communities ⓘ
locatedInTime pre-euro period ⓘ
operatedBy central banks of the member states of the European Community ⓘ
operationalLanguage English ⓘ
French ⓘ
German ⓘ
partOf European Monetary System ⓘ
European monetary integration process ⓘ
purpose stabilize intra-European exchange rates ⓘ
support the transition toward Economic and Monetary Union in Europe ⓘ
replacedBy European Central Bank ⓘ
European Monetary Institute ⓘ
sector financial stability ⓘ
monetary policy ⓘ
significantEvent creation of the European Currency Unit basket ⓘ
integration into the European Monetary Institute in 1994 ⓘ
uses European Currency Unit ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

European Monetary System → hasPart → European Monetary Cooperation Fund ⓘ