Introduction
On Jan. 1, 1999, 11 of the 15 members of the European Union will take a giant stride toward economic integration by adopting a single currency, the euro. Initially, it will be used for non-cash transactions such as stock purchases, but in three years the nations in the new monetary union will begin using euros for all transactions. Supporters of European integration hope that the demise of the mark, the franc and other venerable European currencies will remove a major obstacle to economic unification. Achieving economic integration brings uncertainties and risks, however. The countries involved must cede sovereignty over monetary policy to the new European Central Bank, while the United States must confront a new competitor in the world-trade arena.
|
|
|
 |
Apr. 05, 2019 |
European Union at a Crossroads |
 |
Dec. 16, 2016 |
European Union's Future |
 |
Jan. 09, 2015 |
European Unrest |
 |
Apr. 17, 2012 |
Future of the EU |
 |
Aug. 2007 |
The New Europe |
 |
Oct. 28, 2005 |
Future of the European Union |
 |
Nov. 27, 1998 |
European Monetary Union |
 |
Jun. 28, 1991 |
Europe 1992 |
 |
Jan. 13, 1989 |
Europe 1992: Danger or Opportunity? |
 |
May 11, 1979 |
Electing Europe's Parliament |
 |
Jan. 17, 1973 |
European Security |
 |
Sep. 03, 1969 |
Benelux Cooperation |
 |
Jun. 15, 1966 |
European Realignment |
 |
Sep. 19, 1962 |
Political Integration of Europe |
 |
Mar. 27, 1957 |
European Economic Union |
 |
Jan. 02, 1952 |
European Unification |
 |
Jan. 08, 1951 |
Defense of Europe |
 |
May 21, 1947 |
Federation of Europe |
 |
Nov. 16, 1939 |
Federal Union and World Peace |
 |
Apr. 12, 1933 |
European Political Alignments |
| | |
|