On 5 August 1955, in Paris, Austria, Belgium, Denmark, the Federal Republic of Germany (FRG), France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Sweden, Switzerland, Turkey and the United Kingdom sign the European Monetary Agreement (EMA) intended to replace the European Payments Union (EPU) in early 1959.

On 5 August 1955, in Paris, Austria, Belgium, Denmark, the Federal Republic of Germany (FRG), France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Sweden, Switzerland, Turkey and the United Kingdom of Great Britain and Northern Ireland adopt the Protocol of Provisional Application of the European Monetary Agreement (EMA) intended to replace the European Payments Union (EPU) in early 1959.

On 27 June 1958, Austria, Belgium, Denmark, the Federal Republic of Germany (FRG), France, Greece, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Sweden, Switzerland, Turkey and the United Kingdom of Great Britain and Northern Ireland adopt a number of technical amendments to the European Monetary Agreement (EMA).