In 1999, eleven European countries adopted the euro as their common currency (Greece followed in 2001). This followed a long period of gradually tying their national currencies together more tightly ...

Sir, On the fifth anniversary of European economic and monetary union, Wolfgang Münchau draws a number of useful tactical lessons for those countries in Asia and elsewhere that might be aspiring to ...

(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...

An economist from the Anglosphere is likely to tell you that the euro is structurally flawed and must implode. An economist in one of the 19 eurozone countries would say it is a work in progress and ...

The euro is at the core of the European project, but its future is far from assured. Introduced more than 25 years ago, it has survived one crisis after another, and its rules and institutions have ...

Most economists would argue that monetary integration leads to financial integration; in other words, when a set of countries has a common currency, as in the European Monetary Union (EMU), for ...

From 2nd left to 2nd right: Mr Jacques DELORS, President of the European Commission; Mr Helmut KOHL, German Federal Chancellor; Mr Hans Dietrich GENSCHER, German Federal Minister for Foreign Affairs.

Of all European politicians who never led their countries, Jacques Delors and Wolfgang Schäuble had the greatest impact on Europe. Between them, the two men, who passed away within a day of each other ...