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Latin Monetary Union

   Also found in: Wikipedia 0.04 sec.
Latin Monetary Union. In 1865, France, Belgium, Italy, and Switzerland (joined in 1868 by Greece) agreed to regulate their national currencies on a uniform basis, thus making it freely interchangeable. Several other countries joined informally. The fluctuations of gold and silver created difficulties, and the union, further disrupted by World War I, was disbanded in 1927.


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France might seek to salvage a Latin Monetary Union (France, Italy and Spain) extended to include Austria and the new EU countries in Central Europe.
Exiting EMU: not surprisingly, the Maastricht Treaty contains no exit ... by Brown, Brendan / The International Economy
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