The Economic Union of the European Community and the Greek Economy: The External Sector

E. Pournarakis
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E. Pournarakis: Athens University of Economics and Business

Chapter 11 in Issues in Contemporary Economics, 1992, pp 138-151 from Palgrave Macmillan

Abstract: Abstract The European Council at its meeting of June 1989 endorsed the Delors Report for the creation of an economic and monetary union within the European Community (EC). The Report calls upon all the member countries to commit themselves to a timetable that will permit a step-by-step evolutionary process leading to ‘irrevocably fixed exchange rates’ between members’ currencies and ultimately to a single currency and a common monetary policy. This, of course, is by far the most challenging project and is seen as an extension of the internal market programme.

Keywords: Monetary Policy; Central Bank; Monetary Union; Monetary Authority; European Community Economy (search for similar items in EconPapers)
Date: 1992
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DOI: 10.1007/978-1-349-11955-4_11

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