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Economic and Monetary Union (EMU)

 Euro area

• EU economic and monetary union
• Implementation of the Eurosystem monetary policy framework
• Recent initiatives to strengthen economic and monetary union
• Strengthening economic and monetary union
• Greater fiscal coordination for the euro area

The euro

• The euro - Europe’s common currency
•  Adopting the euro – The euro in practice
  • Accreditation procedures for manufacturers of euro-secure items and euro items
  • Issue of euro coins
  • Euro adoption
  • Exchange rate mechanism between the euro and other participating national currencies
  • Conversion rates between national currencies and the euro
  • Cross-border transportation of euro cash by road
• Convergence Reports – progress of non-euro area countries on meeting euro adoption criteria
  • 2022 European Commission convergence report
  • Convergence Report 2020 of the European Commission

 Economic and monetary union (EMU) – key institutions

•  Council of the European Union – role in EMU
  • Economic and Financial Committee
  • The EU’s Economic Policy Committee
•  Eurogroup (meetings of the euro area finance ministers)
  • The Euro Group
•  European Commission – role in EMU
  • The role of the European Commission’s Directorate General for Economic and Financial Affairs — DG ECFIN
•  European Central Bank (ECB) – role in EMU
  • Terms and conditions for European Anti-Fraud Office investigations of the European Central Bank
  • Minimum reserves
  • Voting arrangements in the ECB’s Governing Council
  • European Central Bank economic and monetary data gathering
  • European Central Bank – close cooperation within the Single Supervisory Mechanism with non-euro EU Member States
  • Statistics on the money markets
  • The European Central Bank (ECB)

 Counterfeiting, fraud & the euro

• Combating counterfeiting of the euro (Pericles IV)
• Copyright protection of the design for the common face of euro coins
• Counterfeiting & fraud – Europol & European Central Bank agreement
• Criminal penalties for currency counterfeiting
• System for protecting the euro against counterfeiting
• Protecting the euro against counterfeiting – European Technical and Scientific Centre
• Protecting the euro against counterfeiting – Europol
• Protection of the euro against counterfeiting
• Euro authenticity checks
• Medals and tokens similar to euro coins
• Non-cash payments — combating fraud and counterfeiting

 The euro as a world currency

• Exchange rate matters and monetary agreements with the euro area