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.

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Alternative title:	Der Prozess der europäischen Währungsintegration
Year of publication:	1995-05-31
Authors:	Lamfalussy, Alexandre Baron
Institutions:	Institut für Bankwirtschaft und Bankrecht an der Universität zu Köln / Abteilung Bankwirtschaft
Published in:	Universität zu Köln - Institut für Bankwirtschaft und Bankrecht, Abteilung Bankwirtschaft und Bankbetriebslehre - Veröffentlichungen Mitteilungen und Berichte ; 26 (1995) 73, S. 7 ff
Subject:	Euro <Währung> \| Europäische Integration \| European Integration \| Europäisches Währungssystem

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Extent:	20480 bytes 9 p. application/pdf
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)