European Monetary Union

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Date Submitted: 03/15/2009 01:35 AM

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The final slides and notes for the EMU Part of our presentation.

I have put the points to be placed in the slides and also the notes which may be required. Also I have added the references. Kindly check and let me know for any clarification.

If you find this too much you can avoid some points/slides.

'' Peer Mohamed.

1. Where Did the Idea Come From?

2. Economic and Monetary Union (EMU)

3. Stages of EMU

4. Economic Requirements for Participation

5. European Central Bank

6. How does EMU Work?

7. Achievements of EMU

8. The challenges ahead

Additional Information

1. Where Did the Idea Come From?

Source

URL: http://money.howstuffworks.com/euro4.htm

Site Name: How Stuff Works

Slide:

 “United States of Europe” was suggested by Winston Churchill in 1946.

 European Coal and Steel Community (ECSC) was created in 1952 based on the above suggestion.

 “The treaty of Rome” was signed in 1957 declaring the goal of creating a common European market.

 The process of creating the Euro got its real start in 1989, when the Delors Report was published by Jacques Delors, president of the European Commission.

Notes:

 The original seed was planted in 1946 when Winston Churchill suggested the creation of the "United States of Europe." His goals were primarily political, in that he hoped a unified government would bring about peace for a continent that had been torn apart by two world wars.

 Then, in 1952, six west-European countries took Churchill's suggestion and created the European Coal and Steel Community (ECSC). These resources were quite strategic to the power of each country, so a requirement of the ECSC was that each country allow their resources to be controlled by an independent authority. Their goal, just as Churchill had intended, was to help prevent military conflict between France and Germany.

 In 1957, the Treaty of Rome was signed, declaring the goal of creating a common European...