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.

Over 40 more related articles from past issues of The Economist, including our
survey of European Monetary Union (April 11th, 1998), are 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
November 28th 1998   Euro brief: Business strategy for the euro
November 21st 1998   Europe’s capital markets
November 14th 1998   The international euro
November 7th 1998   Unready for blast off
October 31st 1998   Europe’s new central bank
October 24th 1998   The economics of a single currency
October 17th 1998   The first of a series: the story so far
European Monetary Union
December 5th 1998   Europe cuts interest rates
November 28th 1998   Europe’s new economics
November 28th 1998   Charlemagne: Wim Duisenberg, Europe’s first central banker
November 7th 1998   American banks eye the euro-11
October 31st 1998   Europe swerves left
October 31st 1998   Europe’s left-leaning economics?
October 31st 1998   Should EU interest rates come down?
October 31st 1998   Europe’s new central bank
October 31st 1998   Banking on a crisis?
October 31st 1998   The end for LIBOR?
October 17th 1998   Lights, camera, euro
October 17th 1998   Ready for the euro?
October 17th 1998   Snakes and ladders
September 19th 1998   European banks and the euro
May 2nd 1998   Europe takes flight
May 2nd 1998   Fanfare for the euro
May 2nd 1998   The great euro debate
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
March 28th 1998   Charlemagne: Yves-Thibault de Silguy, euro-navigator
March 21st 1998   Europe’s last currency shake-up
March 14th 1998   Brands and the euro
February 14th 1998   German rebels against the euro
January 17th 1998   The euro and Jean-Claude Trichet
December 13th 1997   Germany and the euro
December 6th 1997   How exclusive is the EMU club?
November 22nd 1997   Will the euro split the EU?
November 1st 1997   Dramatically unchanged on EMU
November 1st 1997   Mr Brown and EMU
October 25th 1997   Britain shies away from the EMU
October 11th 1997   Europe’s single currency
October 4th 1997   A shift on monetary union?
September 20th 1997   The single currency’s timing...
September 20th 1997 crucial for Helmut Kohl
September 20th 1997   When the euro meets the real world
July 26th 1997   France’s budget and EMU
July 19th 1997   Mulling over EMU
July 5th 1997   Wangling or delaying EMU
July 5th 1997   Europe’s firms prepare for the euro
June 14th 1997   EMU versus enlargement
June 7th 1997   Is EMU coming apart?
May 31st 1997   Britain and the euro
May 10th 1997   How to set exchange rates for EMU
April 26th 1997   Who can join Europe’s currency?
April 12th 1997   France still bets on the euro...
March 15th 1997   The EMU-delaying debate
March 15th 1997   Why EMU may test Ireland
March 8th 1997   The costs of delaying EMU


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.