...Answer. In their summit meeting in Bremen on July 6-7 the EC chiefs of state and government stated that closer monetary cooperation leading to a zone of monetary stability in Europe was a highly desirable objective. The Chancellor of the Federal Republic of Germany and the President...

...EMS, which came into existence on March 13, 1979. The Resolution refers to the discussion at Bremen of a "scheme for the creation of closer monetary cooperation...leading to a zone of monetary stability in Europe." Stability in the whole range of prices, exchange rates, interest rates, and other monetary variables...

...agreed among the central banks of the European Economic Community in 1979.i9 The objective of the EMS is "the creation of closer monetary cooperation leading to a zone of monetary stability in Europe."20 The EMS was not intended to amend the Treaty of Rome but rather to apply its provisions...

...System (EMS) and Related Matters' The European Monetary System Introduction I . In Bremen we discussed a 'scheme for the creation of closer monetary cooperation...leading to a zone of monetary stability in Europe'. We regarded such a zone 'as a highly desirable objective and envisaged a durable and effective scheme'....

...case, the conclusions of the Bremen Council (July 1978) did not mention economic and monetary union but a "scheme for the creation of closer monetary cooperation...leading to a zone of monetary stability in Europe", a clearly less ambitious project. The more limited objectives of the European Monetary System were...

...six-month EC presidency. There the heads of state or government agreed in principle to the establishing of a 'scheme for the creation of closer monetary cooperation...leading to a zone of monetary stability in Europe'. Important for the orchestration of the Bremen meeting was Giscard d'Estaing's visit beforehand to Schmidt...