On the way to a new monetary union: the European Monetary Union. From: Federal Reserve Bank of St. Louis Review | Date: May 1, 1994| Author: Schlesinger, Helmut | COPYRIGHT 1994 Federal Reserve Bank of St. Louis. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The European Monetary Union is one of the most ambitious international economic efforts in history. When completed, it will cover more than 400 million people in 16 European countries and will result in the largest gross domestic product in the world. The framework of the monetary union was established in the Maastricht Treaty of 1993, and efforts are currently focused on the establishment of stable EC-wide currency.

LOOKING BACK IN HISTORY over the last two centuries, we will find o...

Related newspaper, magazine, and journal articles from HighBeam Research

	Decision time for European Monetary Union. (plans of European governments to have economic and monetary union) Economic Review (Atlanta, Ga.) ; This situation may change dramatically in the next few years. If the plans of European governments for economic and monetary union (EMU) are realized, within five years a new common currency called the euro win replace the money currently in use in at least a few western European countries. A
	European Monetary Union: Will It Really Contribute to Stability? Business Economics ; ... new risks to doing business with, from, and in Europe. The Good News Let us begin by giving credit where it is due. In both symbolic ... policy. This should be counted as an unambiguous benefit. The Bad News Against these benefits, however, we must set three kinds of risks ...
	The single currency. (European Union's Economic Monetary Union)(includes related article on the euro)(The State of the Union) Europe ; Europe is on target to launch its planned single currency, the euro, on January 1, 1999, as its leaders redouble their efforts to crown the continent's most momentous achievement since the beginning of the European Community in the 1950s. The coming 12 months will be the most critical phase of the
	From A to EMU. (European Monetary Union) The Economist (US) ; From A to EMU At their summit in Madrid on June 26th Europe's leaders will discuss the Delors report. Its vision of monetary union has been called both an unmissable opportunity and an accident waiting to happen. Which is it? IN HIS excellent series of Reith lectures four years ago, Mr David
	The United States as a monetary union and the euro: a historical perspective. The Cato Journal ; The creation of the euro in January 1999 was a milestone in monetary history. One currency supplanted the centuries old currencies of 12 sovereign nations, and the European Central Bank began conducting monetary policy for the new European Monetary Union. Moreover, major legal hurdles to the free

See all results.