On 9 February 1971, in Brussels, the Finance Ministers of the Six adopt the third medium-term economic policy programme. Valéry Giscard d’Estaing, French Finance Minister and the then President of the Ecofin Council, answers journalists’ questions.

Am 3. April 1973 nimmt der Rat eine Verordnung zur Errichtung eines Europäischen Fonds für Währungszusammenarbeit (EFWZ) an.

On 3 April 1973, in Luxembourg, Renaat Van Elslande, Belgian Foreign Minister and President-in-Office of the Council of the EEC, signs Regulation (EEC) No 907/73 of the Council establishing the European Monetary Cooperation Fund. On the right, Christian Calmes, Secretary-General of the Council. The EMCF is set up as a key pillar of the future organisational structure for the central banks at Community level.

On 5 April 1973, the day before the entry into force of the European monetary Cooperation Fund (EMCF), the Italian daily newspaper Corriere della Sera describes in some detail the tasks of the EMCF and broaches the subject of where it will have its seat.

On 24 July 1973, a decision by the representatives of the governments of the Member States of the European Economic Community lays down the provisional place of work of the European Monetary Cooperation Fund (EMCF).