non-monetary item

non-monetary item [ nonmonetary item ]

Non-Monetary General Receipt

monetary-nonmonetary method

non-monetary asset

monetary-nonmonetary method | remeasurement method

European Monetary System [ EMS | monetary snake ]

monetary policy [ currency reform | currency situation | money policy ]

monetary restraint | monetary stringency | monetary tightening | tightening of monetary conditions

In its Communication of 28 November 2012 ‘A blueprint for a deep and genuine economic and monetary union — Launching a European Debate’[10] the Commission proposed ‘reinforced democratic legitimacy and accountability’ as a necessary part of any European Union reform.As further underlined in the Report ‘Towards a Genuine Economic and Monetary Union’ prepared by the President of the European Council in close cooperation with the Presidents of the Commission, the Eurogroup and the European Central Bank[11], democratic legitimacy and accountability are essential for a genuine Economic and Monetary ...[+++] Union.

3. Member States may decide not to apply Article 49(1), (2) and (3) where, upon a decision of the administrative or management body, assets, other than the transferable securities and money-market instruments referred to in paragraph 1 of this Article, are contributed as consideration other than in cash the fair value of which is derived from the value of an individual asset from the statutory accounts of the previous financial year provided that the statutory accounts have been subject to an audit in accordance with Directive 2006/43/EC.

5. Notwithstanding the individual limits laid down in paragraphs 1 and 3, neither a public debt MMF nor a standard MMF shall combine, where this would lead to investment of more than 8% of its assets in a single body, any of the following:

3. Notwithstanding the individual limit laid down in paragraph 2 and by way of derogation , a standard MMF may combine, where this would lead to investment of up to 15% of its assets in a single body, any of the following: