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Euromarket

Euromarket Definition

Euromarket means the market including the member countries of the European Union. These countries have unified their external tariffs and abolished the internal tariffs. The Euromarket is also referred to as "the common market". Many of the member states use their common currency, the euro and follow the monetary policy set by the European Central Bank.


Additional meaning of Euromarket:

The term Euromarket is applied also as a common description for the Eurobond, Eurocurrency, Eurocredit, and Euronote markets.





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