Cartoon by Murschetz on Germany and the euro (1998)
‘Euro plan. Let’s get this thing off the ground, Theo!’ In 1998, the German cartoonist, Murschetz, illustrates the efforts of the Federal Republic of Germany (FRG) which, via Theo Waigel, German Finance Minister, is taking drastic austerity measures in order to meet the convergence criteria for the adoption of the single currency, the euro, at the end of the third phase of Economic and Monetary Union (EMU).
