La deuxième phase de l'UEM (1994-1998)
Les incertitudes
Address given by Jean-Jacques Rey on EMU on the eve of the second stage (21 December 1993)
TextOn 21 December 1993, in an address to the Belgian Section of the European League for Economic Cooperation (ELEC), Jean-Jacques Rey, Director of the National Bank of Belgium (BNB), gives a progress report on Economic and Monetary Union (EMU) on the eve of the transition to the second stage, scheduled for 1 January 1994.
Press conference held by Jacques Chirac (Madrid, 16 December 1995)
TextOn 16 December 1995, the French President, Jacques Chirac, holds a press conference at which he summarises the results achieved at the end of the Madrid European Council.
'We won't keep you company in the cold' from The Guardian (16 December 1995)
TextOn 16 December 1995, in the British daily newspaper The Guardian, Dick Spring, Irish Foreign Minister, comments on the decisions taken by the Fifteen at the Madrid European Council and considers the negative repercussions for his country of a refusal by the United Kingdom to participate in Economic and Monetary Union (EMU).
‘The post-Madrid dilemma' from Le Monde (19 December 1995)
TextOn 19 December 1995, commenting on the outcome of the Madrid European Council, the French daily newspaper Le Monde analyses the difficulties associated with the establishment of Economic and Monetary Union (EMU).
Address given by Jacques Santer on the introduction of the euro (Brussels, 22 January 1996)
TextOn 22 January 1996, Jacques Santer, President of the European Commission, delivers an address, at the Round Table in Brussels on the launch of the single currency, in which he expresses his confidence in the capabilities of the public and private economic and social operators to make the introduction and entry into circulation of the euro a success.
"Le consensus de Dublin" dans El País (25 septembre 1996)
TextLe 25 septembre 1996, le quotidien madrilène El País commente le consensus arraché le 21 septembre à Dublin par les ministres des Finances des Quinze en matière d'Union économique et monétaire (UEM).
‘Forcing through the single currency’ from Le Monde Diplomatique (November 1996)
TextIn November 1996, the French monthly newspaper Le Monde Diplomatique comments on the preparations for Economic and Monetary Union (EMU) and harshly criticises the German authorities for seeking to impose their economic and monetary views on their European Union partners.
Yves-Thibault de Silguy at the Dublin European Council (13 and 14 December 1996)
BildOn 14 December 1996, at the end of the Dublin European Council, Yves-Thibault de Silguy, European Commissioner with special responsibility for Economic, Financial and Monetary Affairs, as well as credit, investment and Eurostat, presents the specimen logo and euro banknotes to the press.
‘The conditions for the transition to the euro are becoming clearer by the day’ from Europe (26 May 1997)
TextOn 26 May 1997, Ferdinando Riccardi, Editor-in-Chief of Agence Europe in Brussels, welcomes the positive signs regarding the transition to the third stage of Economic and Monetary Union (EMU) on 1 January 1999 and the introduction of the euro.
Max Baehring, Outside? No, preferably inside! (1998)
TextIn 1998, Max Baehring, President of the Danish Metalworkers’ Union, expresses his support for Denmark’s participation in Economic and Monetary Union (EMU).
Kjell-Olof Feldt, EMU — the best choice for Sweden (1998)
TextIn 1998, Kjell-Olof Feldt, Chairman of the Board of Governors of the Sveriges Riksbank, Sweden’s central bank, sets out the arguments in favour of his country’s participation in Economic and Monetary Union (EMU).
Erling Olsen, The Danes and EMU (1998)
TextIn 1998, Erling Olsen, Speaker of the Danish Parliament (Folketing), sets out his ideas on relations between Denmark and Economic and Monetary Union (EMU).
L'Institut monétaire européen
Protocol (No 19) on the Statute of the EMI (Maastricht, 7 February 1992)
TextProtocol (No 19) annexed to the Treaty establishing the European Community by the Treaty on European Union of 7 February 1992.
The European Monetary Institute (1997)
TextThis booklet, published in 1997, outlines, in particular, the successive stages of the establishment of Economic and Monetary Union (EMU) as well as the powers, organisation and operation of the European Monetary Institute (EMI).
L'Institut monétaire européen
‘The birth of the EMI, the precursor to a Central Bank for the Twelve' from Le Monde (12 January 1994)
TextOn 12 January 1994, commenting on the inauguration of the European Monetary Institute (EMI) in Frankfurt, the French daily newspaper Le Monde outlines the Institute’s missions and powers in light of the transition to the second stage of Economic and Monetary Union (EMU) on 1 January 1994.
Address given by Alexandre Lamfalussy on the role of the European Monetary Institute (Paris, 15 February 1996)
TextOn 15 February 1996, Baron Alexandre Lamfalussy, President of the European Monetary Institute (EMI) in Frankfurt, delivers an address to the Paris Institute of Banking and Financial Studies in which he outlines, in particular, the role of the EMI in the preparations for the establishment of the future European Central Bank (ECB) and in the introduction of the single European currency.
Address given by Wim Duisenberg on the EMI and progress towards EMU (Hong Kong, 22 September 1997)
TextOn 22 September 1997, at the International Banking Seminar in Hong Kong, Wim Duisenberg, President of the European Monetary Institute (EMI), delivers an address in which he outlines the tasks and the role of the EMI in the implementation of the European System of Central Banks (ESCB) with respect to the preparations for Economic and Monetary Union (EMU) and to the introduction of the euro.
Interview with Alexandre Lamfalussy: the aims and establishment of the European Monetary Institute (Brussels, 18 March 2010)
VideoIn 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, describes the aims, the establishment and the working methods of the EMI.
Interview with Alexandre Lamfalussy: the main decisions taken by the EMI (Brussels, 18 March 2010)
VideoIn 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, describes the main decisions taken during his term as President of the EMI, particularly the monetary policy instruments and preparations for a European monetary policy strategy.
Europäisches Währungsinstitut / Europäische Zentralbank
BildDer Eurotower in Frankfurt am Main beherbergte von 1994 bis 1998 das Europäische Währungsinstitut und ist seither Sitz der Europäischen Zentralbank.
La préparation du passage à l'euro
Pressekonferenz von Yves-Thibault de Silguy in Brüssel (31. Mai 1995)
VideoAm 31. Mai 1995 gibt Yves-Thibault de Silguy, Europäischer Kommissar für wirtschaftliche und finanzielle Angelegenheiten, Währungsfragen, Kredite, Investitionen und Eurostat, in Brüssel eine Pressekonferenz, auf der er die Vorzüge der einheitlichen europäischen Währung aufzählt und den Zeitplan für die schrittweise Realisierung der Wirtschafts- und Währungsunion (WWU) vorstellt.
Erklärung von Jacques Santer zur Einführung der einheitlichen europäischen Währung (Brüssel, 14. November 1996)
VideoAm 14. November 1996 kündigt der Präsident der Europäischen Kommission Jacques Santer die Einführung des Euros und später die Einführung der Eurobanknoten und -münzen an und schildert die wirtschaftlichen, währungspolitischen und politischen Vorteile der gemeinsamen Währung für die Länder der Europäischen Union, die Mitglied der Eurozone sind.
Erklärung von Thibault de Silguy zur Einführung der einheitlichen europäischen Währung (Brüssel, 14. November 1996)
VideoAm 14. November 1996 zählt Yves-Thibault de Silguy, Europäischer Kommissar für wirtschaftliche und finanzielle Angelegenheiten, Währungsfragen, Kredite, Investitionen und Eurostat, eine Liste der Vorteile des Euro auf und beschreibt die Kommunikationsstrategie der Kommission, mit der den europäischen Bürgern die Etappen für den Übergang zur gemeinsamen Währung erklärt werden sollen.
‘The conditions for the transition to the euro are becoming clearer by the day’ from Europe (26 May 1997)
TextOn 26 May 1997, Ferdinando Riccardi, Editor-in-Chief of Agence Europe in Brussels, welcomes the positive signs regarding the transition to the third stage of Economic and Monetary Union (EMU) on 1 January 1999 and the introduction of the euro.
Address given by Jacques Santer on the introduction of the euro (Brussels, 22 January 1996)
TextOn 22 January 1996, Jacques Santer, President of the European Commission, delivers an address, at the Round Table in Brussels on the launch of the single currency, in which he expresses his confidence in the capabilities of the public and private economic and social operators to make the introduction and entry into circulation of the euro a success.