Don't let's be beastly to the Germans

Article Abstract:

The Bundesbank, the German central bank, needs to be made a more European institution, with its focus becoming less purely German. This will become particularly important as the UK looks likely to seek a monetary policy link with Germany within the next few years. Europe's monetary policy will inevitably be strongly influenced by Germany, but this would be more acceptable if the Bundesbank were made more European.

International aspects, Column, Monetary policy, Deutsche Bundesbank

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Chirac consigns Italy to Europe's second division

Article Abstract:

Italy has little chance of qualifying for the first round of European monetary union, according to French president Jacques Chirac. He has also state that the devaluation of the Italian lira could have a negative impact on export markets following the establishment of monetary union. His views have created considerable controversy in Italy, and Chirac was later obliged to withdraw his remarks.

Italy, Planning, France, Political activity, Monetary unions, French foreign relations, Chirac, Jacques, Italian foreign relations

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