On the Relation of Monetary and Political Union

Otmar Issing ()
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Otmar Issing: Goethe-Universität Frankfurt

Intereconomics: Review of European Economic Policy, 2016, vol. 51, issue 1, 16-20

Abstract: Abstract When EMU took effect in 1999, no progress in the direction of political union had been achieved — indeed, it had not even been attempted. Therefore, from the beginning the euro was confronted with a kind of sword of Damocles: can monetary union survive without political union?

Date: 2016
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DOI: 10.1007/s10272-016-0567-1

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