Bulletin n. 3/2014 | ||
February 2015 | ||
Onofri Paolo, Tsenova Tsvetomira |
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Engine for European growth and stability | ||
in Revue de l'OFCE , N° 132, 2014/1 , 2014 , 101-109 | ||
The groundbreaking of the original building yard for the European Monetary Union (EMU) dates back to 1970 with the Werner Plan envisaging the gradual introduction of a single currency in member states of the European Union. The dollar and oil crises of 1971-1973 imposed a suspension to the construction process of almost ten years, followed by another decade of “learning by trial and error” within the... | ||