On 28 June 1988, the Hanover European Council decides to entrust to a Committee chaired by Jacques Delors, President of the European Commission, the task of studying and proposing concrete stages leading towards an Economic and Monetary Union (EMU).

At the end of the Hanover European Council of 27 and 28 June 1988, Jacques Delors, President of the European Commission, and Helmut Kohl, Chancellor of the Federal Republic of Germany (FRG) and President-in-Office of the Council of the European Communities, hold a press conference during which they outline the advantages of Economic and Monetary Union (EMU) and the working method required to achieve this.

In an interview published on 20 July 1988 by the French daily newspaper Le Monde, Jacques Delors, President of the Commission of the European Communities and Chairman of the Committee for the Study of Economic and Monetary Union, raises controversial questions about the establishment of such a union.

On 12 April 1989, Jacques Delors, President of the Commission of the European Communities, publishes the ‘Delors Report' which proposes that economic and monetary union (EMU) be achieved in three stages.

In April 1989, Jacques Delors, President of the European Commission, proposes to the Twelve the establishment of Economic and Monetary Union (EMU) in three stages, intended to lead to the adoption of a single European currency.

On 18 April 1989, the Spanish daily newspaper El País analyses the impact of the economic and monetary union (EMU) propounded by Jacques Delors, President of the European Commission, on the functioning of the European Communities.

On 18 April 1989, the French daily newspaper Le Monde comments on the Delors Report on the establishment of Economic and Monetary Union (EMU).

On 19 April 1989, Emanuele Gazzo, Director of Agence Europe, criticises the position taken by Margaret Thatcher, British Prime Minister, and by Nigel Lawson, Chancellor of the Exchequer, on the Delors Report on Economic and Monetary Union (EMU).

On 21 April 1989, Emanuele Gazzo, Director of Agence Europe, urges the political leaders of the Twelve to respond positively to the proposals set out in the Delors Report on the establishment of Economic and Monetary Union (EMU).

On 19 April 1989, the British left-wing newspaper The Guardian wonders whether the Delors Plan for Economic and Monetary Union (EMU) will not help to create a two-speed Europe.

On 17 October 1989, in an address given to mark the opening of the 40th academic year of the College of Europe in Bruges, Jacques Delors, President of the European Commission, discusses the progress of economic integration of the Twelve and the new challenges to be faced.

Margaret Thatcher, the then British Prime Minister, recalls the publication of the Delors Report in April 1989 and describes her critical response to the plan.

Table listing the members of the committee chaired by Jacques Delors, President of the European Commission, responsible for submitting and proposing practical steps leading towards gradual establishment of economic and monetary union (EMU).

In his memoirs, Jacques Delors, President of the European Commission between 1985 and 1995, discusses the establishment, the composition and the work of the Delors Committee which, on 12 April 1989, proposes to the Member States of the European Communities the creation of Economic and Monetary Union (EMU) in three stages.

In this interview excerpt, Jacques Delors, President of the Commission of the European Communities from 1985 to 1995, discusses the stages leading up to the publication of the ‘Delors Report', particularly mentioning the role of Pierre Werner, and describes the composition and work of the Committee of Governors, which he chaired, and which paved the way to the Economic and Monetary Union (EMU) enshrined in the Maastricht Treaty.

In this interview, Jacques de Larosière, former Governor of the Bank of France and former member of the committee chaired by Jacques Delors, President of the European Commission, which had the task of studying and proposing the practical stages leading to the gradual establishment of Economic and Monetary Union (EMU), summarises the objectives of this committee.

In this interview, Jacques de Larosière, former Governor of the Banque de France and former member of the committee chaired by Jacques Delors, President of the European Commission, which was set up to examine and propose practical steps leading to the gradual establishment of Economic and Monetary Union (EMU), discusses the working method used during the meetings of this committee.

In this interview, Élisabeth Guigou, Secretary-General of the Interministerial Committee for Questions on European Economic Cooperation (SGCI) from 1985 to 1990 and Policy Officer to the President of the French Republic, François Mitterrand, from 1988 to 1990, describes the additional work carried out after the submission of the Delors Report on the establishment of Economic and Monetary Union (EMU) in 1989 and discusses the differences of opinion between France and Germany on this issue.

In this interview, Alexandre Lamfalussy, General Manager of the Bank for International Settlements (BIS) from 1985 to 1993 and President of the European Monetary Institute (EMI) from 1994 to 1997, explains the role that he played as a member of the ‘Delors Committee’, which was tasked in 1988 with studying and proposing concrete stages for the progressive realisation of Economic and Monetary Union (EMU). He particularly focuses on the attitude of the various members of the ‘Delors Committee’ with regard to the chances of success for EMU, and describes the circumstances surrounding his appointment as President of the European Monetary Institute (EMI).

On 25 January 1989, addressing the Royal Institute for International Affairs in London, the British Chancellor of the Exchequer, Nigel Lawson, severely criticises the European Commission's proposals regarding economic and monetary union (EMU).

In his editorial of 31 January 1989, Emanuele Gazzo, Director of Agence Europe in Brussels, criticises the position taken by the United Kingdom with regard to the proposed Economic and Monetary Union (EMU) and reproaches the British Government for creating a rift between itself and its European partners.

In his editorial of 1 February 1989, Emanuele Gazzo, Director of Agence Europe in Brussels, reviews the tactics used by the United Kingdom to prevent the establishment of an Economic and Monetary Union (EMU) in Europe.

‘Come on in! Vite! The water’s wunderbar!’ On 28 June 1989, Cummings, British cartoonist, illustrates the British Prime Minister Margaret Thatcher’s mistrust of calls from the German Chancellor Helmut Kohl and the President of the French Republic François Mitterrand to support the Delors Plan, which provides for Economic and Monetary Union (EMU) in three stages.

On 2 November 1989, the Bruges Group, a British think-tank, calls on British MPs to reject the Delors Report on Economic and Monetary Union (EMU).

On 2 July 1990, John Major, Chancellor of the Exchequer, expresses his point of view on the Delors Report and on the different stages of economic and monetary union (EMU).

Invited by the Bruges Group to give an talk on Economic and Monetary Union (EMU), Labour MP Peter Shore harshly criticises the Delors Report for European monetary unification.

In her memoirs, Margaret Thatcher, former British Prime Minister, recalls the first steps towards Economic and Monetary Union (EMU) and the debates over the pound’s entry into the European Monetary System (EMS).

In this interview, Élisabeth Guigou, Secretary-General of the Interministerial Committee for Questions on European Economic Cooperation (SGCI) from 1985 to 1990, Policy Officer to French President François Mitterrand from 1988 to 1990 and Minister for European Affairs from 1990 to 1993, discusses the position of the French Ministry of Finance with regard to the arrangements for the establishment of Economic and Monetary Union (EMU).