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The European Monetary Union
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The advent of the new European Monetary Union (EMU) is quite fascinating. The history that has led up to the events that are occurring today is intriguing as well. History is in the making! The are many details involved in this process. There has never formally been anything like the system that is ready to be put in place. To put it in the w ....
Middle of paper ....eview of the history leading up to its establishment. In June 1998, the European Council (EC) established a mission of realizing an economic union and commissioned a committee chaired by Jacques Delors, the then President of the European Commission, to study and propose a specific plan leading to this union. The committee was formed by the gover.... |
Word count: 2751 |
Page count: 11 |
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