Should Germany Leave The European Monetary Union PDF Download

Should Germany leave the European Monetary Union  PDF
Author: Erik Somssich
Publisher: GRIN Verlag
Size: 39.14 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 16
View: 7501

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Seminar paper from the year 2016 in the subject Economics - Finance, grade: 2,3, University of applied sciences, Cologne, course: Economics, language: English, abstract: The euro is the currency of the European Union. To date, only 19 of the 28 members of the Union have established the common currency. The euro was introduced on January 1st, 1999 as book money and on January 1st, 2002 as hard cash. The founding members of the currency union were Belgium, Germany, Finland, France, Ireland, Italy, Luxembourg, Netherlands, Austria, Portugal and Spain. In the following 16 years, the Union was complemented by Greece, Slovenia, Malta, Cyprus, Slovakia, Estonia, Latvia and Lithuania. Great Britain, Denmark and Sweden refused to introduce the euro in their countries. The remaining members of the union haven't fulfilled the admission criteria yet.1 The launch of the euro was a major achievement in the on-going story of European integration since the end of the Second World War, in order to strengthen cooperation between countries, especially in terms of free trade. It is now the second most important currency in the world after the US dollar. The vision of the euro was to prove a stable and growth-friendly economic environment within the European union. Responsible for ensuring price stability is the independent European Central Bank (ECB) with its monetary policy, including the printing of money for the euro area. The single currency simplified and reduced costs of trade, made prices more transparent and comparable and put an end to the cost and hassle of exchanging currencies for travellers within the 19 euro area countries.

United Germany And The New Europe PDF Download

United Germany and the New Europe PDF
Author: Heinz D. Kurz
Publisher: Edward Elgar Pub
Size: 22.22 MB
Format: PDF, Docs
Category : Business & Economics
Languages : en
Pages : 333
View: 5482

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The revolutionary changes of 1989-90 in Central and Eastern Europe which paved the way to German unification will have a lasting impact on the speed and the future direction of European integration. This timely book analyses the causes of these dramatic developments and evaluates the implications of a united Germany for the process of European integration. After assessing the decline of 'socialism' in Eastern Europe and the peaceful revolution in the former German Democratic Republic, the authors then examine the social, political and economic perspectives of the united Germany, paying particular attention to its eastern part. Finally, it reassesses the prospects for European integration in the light of recent events.United Germany and the New Europe will be essential reading for all those concerned with the economic and political future of Europe and the restructuring of centrally planned economies. It will also make an excellent addition to courses on international economic and political relations, monetary integration and German and European studies.

The Long Road To A European Monetary Union PDF Download

The Long Road to a European Monetary Union PDF
Author: Sima Lieberman
Publisher: University Press of Amer
Size: 49.99 MB
Format: PDF, ePub, Mobi
Category : Business & Economics
Languages : en
Pages : 213
View: 4754

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This is a thorough historical narrative of the evolution of Western European monetary policy since the end of World War II with emphasis on the analysis of European efforts to establish a monetary union for the countries of the European Common Market. The book gives to the reader an interesting insight into these efforts and carries the story to the present. Contents: Reasons for Western European Support of an International System of Fixed Exchange Rates at the End of World War II; Building a System of Multilateral International Payments; The Bretton Woods System under Stress; The Crisis of 1968 to 1971; The Collapse of the Bretton Woods System and the Foundation of the European Monetary System; European Monetary Systems; The Impact of Economic Deterioration in the EEC Since 1974, on the Process of Economic Integration; The Implications of the Single European Act; Will There Be A European Monetary Union; Bibliography; Index; Tables and Graphs.