Sentence examples of "european economic and monetary union" in English

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The European Union provides a successful example of, on the one hand, full trade integration through the creation of the European Single Market and, on the other, macroeconomic and financial cooperation in its most developed form through the formation of the European Economic and Monetary Union (EMU). Деятельность Европейского союза есть хороший пример, с одной стороны, в плане полной интеграции в сфере торговли на основе создания европейского единого рынка и, с другой стороны, в плане макроэкономического и финансового сотрудничества в его наиболее развитой форме на основе создания Европейского валютного союза (ЕВС).
Germany must begin to understand that the long overdue domestic reforms - that is, the bold modernisation of its welfare state, labor market and system of education - would work like a vitamin shot for its partners, too, not least for the European Economic and Monetary Union of which it is the most important member. Германия должна начать понимать, что длительное откладывание внутренних реформ - т.е. решительная модернизация ее государства всеобщего благосостояния, рынка труда и системы образования - будет работать как витаминная инъекция для ее партнеров, а также не в последнюю очередь для европейского экономического и финансового союза, в которых Германия является самым важным членом.
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