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Preparations for the introduction of the euro are underway in all sectors. The Commission Communication on "Practical Aspects of the Introduction of the Euro" of October 1997, provided information on these ongoing preparations at national and European level by both the private and the public...
Persistent link: https://www.econbiz.de/10005780667
Member States shall conduct their economic policies with a view to contributing to the achievement of objectives of the Community , as defined in Article 2, and in the context of the broad guidelines referred to in Article 103(2). The Memeber States and the Community shall act in accordance with...
Persistent link: https://www.econbiz.de/10005780668
The present communication intends to provide a comprehensive assessment of the impact of the changeover to the Euro at the Community level andthe resulting affect on Member States. It reflects the outcome of preparatory work within the Commission , involving each of its services, and of contacts...
Persistent link: https://www.econbiz.de/10005486697
These texts are an addendum to the texts originally published as Europaper No 7 "Compilation of community legislation and related documents", and should be read in conjunction with that work. A definitive version of the compilation will be published later in the year.
Persistent link: https://www.econbiz.de/10005486698
As from 1 January 1999, the competence for monetary policy, exchange rate policy and currency law for the Member States which adopt the single currency will be transferred to Community level. The monetary policy of the Euro area will be defined and implemented by the European System of Central...
Persistent link: https://www.econbiz.de/10005486699
The paper discusses the impact of EMU on the 12 Mediterranean partner countries. It argues that the introduction of the euro is likely to have a positive, albeit limited, impact on the region. The Mediterranean partners will benefit from a more predictable and transparent external environment...
Persistent link: https://www.econbiz.de/10005486702
With effect from 1 January 1999 the changeover to the single European currency will gradually take place. Although the final changeover will not occur until 1 Januaru 2002, and Euro notes and coins will only be available from that date, most enterprises will already be confronted with the Euro...
Persistent link: https://www.econbiz.de/10005640882
Following the decision of the Madrid European Council on the scenario for the introduction of the Euro, the Commission has undertaken a number of initiatives, both in the legislative and practical field, in order to step up preparations in the private sector and the within public administration.
Persistent link: https://www.econbiz.de/10005640883
The following fact sheets provide an overview of the state of preparations for the changeover of public administrations to the euros as of 15 May 1998. All eleven participating Member States are now in the process of enacting euro-related legislation which will come into force on 1 January 1999....
Persistent link: https://www.econbiz.de/10005640884
The group began by acknowledging the central role that traders will play in helping people understand prices and scales of values and accept the euro. Consumers are in direct physical contact with traders on an almost daily basis, and are thus by definition in a monetary relationship. The shop...
Persistent link: https://www.econbiz.de/10005640885