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Next to the euro symbol the Roman figure X stands for 10 years of economic and monetary union It also symbolises Europe as a crossroads where peoples and cultures come together The

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Go to the European Commission website to vote The euro is the latest step in the long history of trade from pre historic barter evoked by the deliberately primitive design to economic and monetary union

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To celebrate the 10 year anniversary of the launch of Economic and Monetary Union EMU and the creation of the euro all euro area countries will issue a commemorative 2 euro coin with a

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By Roderick Jones

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Front

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By Lars Jonung On January 1 the exchange rates of the 11 member countries of the European Monetary Union the EMU were locked once and for all to the euro the currency of the EMU In short 11 currencies were replaced by one currency This was rightly hailed as a path

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Young nations Europe as shown on Euro note

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against outside currencies The authority of and responsibility for fiscal policy and bank supervision are left to national central banks and national governments The circulation of euro 2002 euro notes and coins began to circulate replacing national monies This completed the monetary union The euro questions

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1 = 0 7963 1

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field as well as for professional groups At the end of 1996 he published a booklet entitled EMU Economic and Monetary Union in Europe as well as several press articles Jean Paul de Baets is a graduate of the Institut d Etudes Politiques of Paris and of Harvard Business School He has worked in the sector of international finance first of all for

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Coins The Member States of the euro area are responsible for issuing euro coins In practice this task is

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Monday March 1 1999 Published at 15 20 GMT The euro battle for Britain The euro battle for Britain Should the United Kingdom join Europe s monetary union The question is dividing the country The split divides political parties the business community and

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Thursday April 15 1999 Published at 19 40 GMT 20 40 UK Euro fight spreads to the City Euro fight spreads to the City Critics of Europe s economic and monetary union EMU are taking their fight to the City of London trying to win the hearts and minds of the economists

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in absolute terms monetary conditions as defined by the MCI are now at their most expansionary in a very long time Overall monetary conditions in the Eurozone are stimulative too but as the MCI graph for EMU shows the effect of the strong euro has meant that monetary conditions have been contracting a little for the last year This is obviously not helping economic growth in

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A series of curved lines pointing toward the euro is reminiscent of the European Parliament s semi circular debating chamber where the people s representatives gather from every corner of the