noun
European Monetary Institute
Official name of the EU institution that preceded the European Central Bank. Used in economic and political contexts.
欧州通貨機関は1994年に設立された。
The European Monetary Institute was established in 1994.
欧州中央銀行 (European Central Bank) is the successor to the European Monetary Institute, taking over its functions in 1998.
Compound of 欧州 (Europe), 通貨 (currency), and 機関 (institution). A direct translation of the English name.