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A funny new emu.(economic and monetary union in Europe)
From:
The Economist (US)
| Date:
March 4, 1995
| COPYRIGHT 1995 Economist Newspaper Ltd. 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
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The strength of the Deutsche mark in relation to other European currencies and the stringent requirements for joining may delay the implementation of the European economic union past 1999. Countries with struggling economies do not want to be considered second class members of the Union.
AS THE mighty mark climbs to Olympian heights, the currencies of the European Union are dividing ever more clearly into two families: a D-mark block (of Germany, Benelux and Austria) and the rest, w...
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