Sentence examples for monetary zone from inspiring English sources

Pensioners, whose incomes have been reduced 12 times at the behest the EU and International Monetary Zone, this week also upped the ante taking to the streets.

The tumult in the European monetary zone is spreading concern among investors of a broader crisis in financial markets from Ireland to Spain.

It was an action-packed 10 years, starting in 1991, with Mr. Draghi representing Italy at the talks that established the framework for the common monetary zone.

There has been talk of creating a consolidated seat on the board to represent the 27 nations of the European Union, or the 16 countries in the monetary zone that uses the euro.

Analysts are in agreement that the European Union can withstand the financial speculation only if it acquires the necessary political steering capacities to work towards a convergence of the member states' economic and social development in the medium term at least in core Europe, ie among the members of the European monetary zone.

Regarding "What ails Europe?" (Views, Feb. 28): Paul Krugman does not understand the big difference between a monetary zone with one strong central government as in the United States, Japan and Britain, and a euro zone with 16 strong regional governments and no central government.

Investment website zerohedge notes: The rate announcement is not the surprise: virtually nobody expected a cut which would have taken the deposit facility to a negative rate and the monetary Twilight Zone.

It said euro zone monetary policy could "afford to remain relatively accommodative".

"We believe that euro zone monetary authorities have been instrumental in averting a collapse of market confidence," the agency said in a statement Friday.

So far this year, the Euro STOXX 50, an index of leading companies in the euro zone monetary union, has fallen 23 percent.

This opened the way for a possible bold move by the central bank, which has never cut rates by more than 50 basis points in one step since it took over euro zone monetary policy in 1999.