EU banking unionPolitical Union Eurozone limits
  • What a banking union means for Europe
    Essay by Philip Whyte, 05 December 2012
    What a banking union means for Europe
  • Alice in euroland: What political union for the single currency?
    Insight by Philip Whyte, 09 October 2012
    Alice in euroland: What political union for the single currency?
  • Has the eurozone reached the limits of the politically possible?
    Insight by Simon Tilford, 12 July 2012
    Has the eurozone reached the limits of the politically possible?
  • Will EMU lead to a European economic government?
    Report by David Currie, Alan Donnelly, Heiner Flassbeck, Ben Hall, Jean Lemierre, Tomasso Padoa-Schioppa, Nigel Wicks, 07 May 1999

    Both proponents and opponents of economic and monetary union (EMU) have always viewed it as an engine of further European integration and as another milestone on the road to an ill-defined 'political union'.
  • Name the day: The business case for joining the euro
    Essay by Colin Sharman, 02 April 1999

    Tony Blair's presentation to the House of Commons of a national changeover plan for the adoption of the euro, last February, will come to be seen as a defining moment in Britain's path towards economic and monetary union (EMU).
  • Europe's wake up call
    Bulletin article by Steven Everts, 01 April 1999

    "We've made it!" That was the predominant feeling among leading continental politicians and officials in the weeks after January 1st. The many merchants of doom had been proven wrong.
  • Europe's uncertain identity
    Essay by Gilles Andréani, 05 February 1999

    The launch of the euro is a success of historic proportions. It is also the ultimate vindication of the method first sketched out nearly fifty years ago in the Schuman memorandum.
  • Will EMU lead to political union?
    Bulletin article by Ed Smith, 01 October 1998

    In the recent history of Europe, from Jean Monnet's plan for a European Coal and Steel Community in1950 to today's European Union, one pattern seems clear: where economic integration leads, political integration will eventually follow.
  • The unshocking truth about EMU
    Bulletin article by Charles Grant, 01 July 1998

    It is the commonest of all the economic arguments against EMU, but also the most specious: that any country in the euro-zone which suffered an economic crisis that did not affect its neighbours (an "asymmetric shock"), deprived of the freedom to devalue, would be condemned to a massive rise in unemployment.
  • Weak dollar strong euro? The international impact of EMU
    Report by Fred Bergsten, 01 May 1998

    The creation of the euro will be the most important development in the evolution of the international monetary system since the widespread adoption of flexible exchange rates in the early 1970s.