Abstract
European Economic and Monetary Union is currently in the course of preparation by an inter-governmental conference. What are the benefits and risks associated with European monetary union? What essential requirements need to be fulfilled when the agreements are concluded?
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References
Commission of the European Communities: One Market, one money, in: European Economy, No. 44, October 1990.
Cf. Draft Treaty on the Union, in: Europe Documents, Nos. 1722/1723, 5th July 1991.
Cf. the observation by André Szász, a member of the governing board of the Netherland Bank, during the Finance Committee hearing: “it has been shown in the past that the Council shies away from political confrontation, and that will not be any different in future.”
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Revised version of a statement by the HWWA Institute presented to a hearing of the Finance Committee of the Deutscher Bundestag on the European Economic and Monetary Union on 18th September 1991 in Bonn.
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Scharrer, HE. European Monetary Union: No field for political compromise. Intereconomics 26, 259–264 (1991). https://doi.org/10.1007/BF02929009
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DOI: https://doi.org/10.1007/BF02929009