The euro
The European Union’s new single currency, the euro, will replace 11 national currencies on January 1st, 1999. Our weekly series of eight briefs on the subject examines the historical background to the project, the economics of the single currency, the European Central Bank, preparations for the euro, capital markets, the euro’s international role, its effect on business strategy, and its political implications.

The Economist's
survey of European Monetary Union (April 11th, 1998), is also given below. Links to useful websites about the euro are at the bottom of this page.
Euro briefs
December 5th 1998   The politics of the euro
December 5th 1998   Out of the loop
November 28th 1998   Euro brief: Business strategy for the euro
November 28th 1998   Banks better buck up
November 21st 1998   Europe’s capital markets
November 21st 1998   London under threat
November 14th 1998   The international euro
November 14th 1998   A euro of many voices
November 7th 1998   Unready for blast off
November 7th 1998   Shopping and changing
October 31st 1998   Europe’s new central bank
October 31st 1998   Banking on a crisis
October 24th 1998   The economics of a single currency
October 24th 1998   A fiscal straitjacket
October 17th 1998   The first of a series: the story so far
October 17th 1998   Snakes and ladders
European Monetary Union
April 11th 1998   EMU survey: An awfully big adventure
April 11th 1998   EMU survey: The history of an idea
April 11th 1998   EMU survey: A primer in economics
April 11th 1998   EMU survey: Maastricht follies
April 11th 1998   EMU survey: A bank is born
April 11th 1998   EMU survey: Nuts and bolts
April 11th 1998   EMU survey: International star
April 11th 1998   EMU survey: Ever closer union


The euro has a homepage operated by the European Commission, with reference texts, speeches, statistical indicators ranging from the basic to the abstruse, plus images of euro notes and coins. Documents published by the European Central Bank are available online. EmuNet, a non-profit site, has news and features about the euro, updated daily. European Voice Online, a sister-publication from the Economist Group, has an archive of news and features on the same subject. Fact-sheets about European Monetary Union are available online from the European Parliament's directorate-general for research. A convenient collection of EU publications about monetary union is maintained online by the Eurotext service. Eurosceptical sites abound on the Internet: the Critical European Group at Keele University has many resources and further links.