The European currency system will not survive a period of persistent deflation.

在持续的通缩时期，欧洲货币体系将无法幸存。

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The European Union can obtain the currency which equals to American dollar, and it has a great influence on international currency system.

欧盟国家可以自此获得和美元相等的货币，还享有对国际货币制度更大的影响力。

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The European Monetary System (EMS) was in fact the founding stone leading to the European single currency the Euro.

欧洲货币体系(EMS)，其实是通往欧洲单一货币欧元的奠基石。

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It has already staged votes to approve plans for new assemblies in Scotland, Wales and Northern Ireland, and further polls on reform of the electoral system and on membership of the single European currency are likely.

ECONOMIST: Neill and the cash machine | The

Given a single transmission system, the currency could help achieve greater integration, galvanising the European economy into becoming fully competitive.

ECONOMIST: Now for the big push? | The