Discover how currency unions impact global economies, their historical development, and the critiques they face. Learn about ...

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 ...

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 ...

(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 ...

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 ...

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 ...

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.