If a non comes next.... (Maastricht treat on economic union in the European Community)

From: The Economist (US) | Date: September 19, 1992 | Copyright information

France is holding a referendum on the EC's plan for monetary union Sep 20. If the voters reject the proposal the EC could continue toward a single market but the economic effects could be negative in the short-term. British and French relations are analysed.

SINCE its foundation in 1957, the European Community has tended to move forward by what insiders call the "Community method". One government makes a concession because it knows the others will do likewise as part of an overall ...