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The Future of the European Union

The Editors

Challenge, 2001, vol. 44, issue 2, 5-13

Abstract: Throughout most of 2000, the European Union's new currency, the euro, fell in value against the dollar. To many people, this decline suggested a basic weakness in Europe's ambitious new plans to adopt a single currency and to unify politically. The meeting of the EU's leaders in Nice last December was also seen as unsuccessful. Yet, despite skepticism, the value of the euro began to rise. In fact, the forces holding Europe together are stronger than Americans generally realize, and the euro itself is widely regarded on the Continent as a significant success. Challenge's editor spoke to one of Europe's leading figures - Laurent Fabius, former prime minister of France and now its finance minister - about the future of this bold political experiment.

Date: 2001
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DOI: 10.1080/05775132.2001.11034090

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