To phrase a coin

Article Abstract:

There are several good economic reasons to adopt a single European currency such as the establishment of a central bank to control inflation and more convenient trade relations. However, it is inevitable that individual nations will vy for political power which could create havoc in Europe.

International Affairs, European Community, Analysis, Euro (Currency)

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Shooting the messengers: the market

Article Abstract:

The European Community's relaxation of the ERM rules allows for the currency of system members to fluctuate 15%, as opposed to the old rules of 2.25%. The Bundesbank's refusal to reduce its discount rate in the wake of the changes has caused resentment. Other results are analyzed.

Management, Deutsche Bundesbank

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Europe's future: in their hands?

Article Abstract:

New exchange rate mechanism rules allow the currencies in the system to fluctuate by as much as 15%. The Bundesbank has refused to lower its discount rate. An economically and politically unified Europe is becoming more difficult to imagine. Franco-German relations are explored.

Economic aspects, Germany, France, German foreign relations, Single European market, French foreign relations

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