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The Unifying Role of the Single Currency

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Intereconomics

Abstract

Perhaps the single most tangible symbol of the European Union is its single currency, the euro. Within the European Economic and Monetary Union, it was seen as a tool to ensure that European integration would be truly irreversible. However, the euro has also contributed to cleavages and asymmetries. This article reviews whether the euro can fulfil the unifying role envisioned for it, examing the importance of the euro in four crucial European relationships.

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Correspondence to László Andor.

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László Andor, Corvinus University, Budapest, Hungary; and Foundation for European Progressive Studies, Brussels, Belgium.

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Andor, L. The Unifying Role of the Single Currency. Intereconomics 53, 215–220 (2018). https://doi.org/10.1007/s10272-018-0752-5

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  • DOI: https://doi.org/10.1007/s10272-018-0752-5

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