The Process of European Monetary Integration
I should like to divide my remarks today on the process of European Monetary Integration into three parts. The first is a brief assessment of the progress towards convergence. Under the Treaty, the EMI is assigned an important role in assessing whether countries entering Economic and Monetary Union have fulfilled the necessary conditions for the adoption of a single currency. In the second part, I shall say a few words on the EMI´s task of preparing the ground for the conduct of the single monetary policy in Stage Three. Finally, I would like to briefly consider timing issues related to the transition to the single monetary policy and to the changeover to a single currency.
Alternative title: | Der Prozess der europäischen Währungsintegration |
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Year of publication: |
1995-05-31
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Authors: | Lamfalussy, Alexandre Baron |
Institutions: | Institut für Bankwirtschaft und Bankrecht an der Universität zu Köln / Abteilung Bankwirtschaft |
Published in: | |
Subject: | Euro <Währung> | Europäische Integration | European Integration | Europäisches Währungssystem |
Saved in:
Open Access
Extent: | 20480 bytes 9 p. application/pdf |
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Type of publication: | Article |
Language: | English |
Notes: | Dieser Text basiert auf einem Vortrag, gehalten anläßlich der Jahrestagung des Instituts für Bankwirtschaft undBankrecht an der Universität zu Köln am 31. Mai 1995 |
Classification: | Management of financial services: stock exchange and bank management science (including saving banks) ; Individual Conference Proceedings ; Europe. General Resources |
Source: | USB Cologne (business full texts) |
Persistent link: https://www.econbiz.de/10005844775