Problem: The European Economic and Monetary Union, or EMU, is an economic system that unites a number of EU member states. It is the European Monetary System's (EMS) successor. It is important to keep in mind that the European Union (EU), which will have 27 members as of 2022, differs from the smaller European Economic and Monetary Union (EMU), which has 19 members.
- Give the History of the European Monetary Union (EMU).