The Political Consequences of Monetary Union
Tietmeyer, Hans, Management Services
Our second paper this month on EMU is based on a speech by the President of the Deutches Bundesbank, Dr Hans Tietmeyer given in Brussels at the end of February.
He emphasised that the Euro is not a formula for deliverance from all economic and political ills in Europe and that a stable single currency needs not only a sound economic but also a sound political foundation
Some current contributions to the subject of the Euro from time to time remind me of St Matthew's words Beware of false prophets". Some tend to paint a picture of catastrophe, while others herald the way to paradise. I consider both to be wrong.
Certainly the Euro as the future Community currency ā¦
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Publication information:
Article title: The Political Consequences of Monetary Union.
Contributors: Tietmeyer, Hans - Author.
Magazine title: Management Services.
Volume: 42.
Issue: 5
Publication date: May 1998.
Page number: 10+.
© Institute of Management Services Autumn 2008.
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