Europe started a long process towards monetary union, via an exchange-rate mechanism, which resulted in a single and free floating currency 30 years later.
欧洲开始了通过一项汇率机制迈向货币统一的漫长过程，30年后，它们拥有了一种自由浮动的单一货币。
The union has a single currency and monetary policy, but each of its 16 members has its own fiscal policy.
欧元区拥有单一的货币和汇率政策，但16个成员国都拥有各自的财政政策。
The union has a single currency and monetary policy, but each of its 16 members has its own fiscal policy.
欧元区拥有单一的货币和汇率政策，但16个成员国都拥有各自的财政政策。
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