The euro - our future in Europe

Christa Randzio-Plath
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Christa Randzio-Plath: European Parliament, Sub-Committee on Monetary Affairs, Committee on Economic and Monetary Affairs and Industrial Policy

Transfer: European Review of Labour and Research, 1998, vol. 4, issue 1, 48-57

Abstract: Economic and Monetary Union has been created to complete the single market, to provide optimal macro-economic conditions for employment-enhancing growth and to promote further political integration in the European Union. Unfortunately in the discussion about monetary union the reasons why Europe needs EMU have been almost forgotten. As the future European Central Bank will be solely responsible for European monetary policy and thus be influencing strongly the overall macro-economic framework in Europe, the question of democratic accountability of monetary authorities needs to be debated. EMU is Europe's answer to the challenges of the 21 st century.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:treure:v:4:y:1998:i:1:p:48-57

DOI: 10.1177/102425899800400107

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