Mundell, Robert A. (contributor) - 2002 - [Elektronische Ressource]
unit from which
the euro evolved in 1999. The Euro-
pean Monetary System, established
in 1978, was a loose system in some … direction of
the ECB. The governors of the
national central banks are members
of the Governing Council of the Euro-
pean System … currency.It involves
also the replacement of national cur-
rencies by the euro, which will take
place for the first entrants …