On the sidelines of the European Summit in The Hague on 1 and 2 December 1969, a number of students from Brussels, led by Cornelis Berkhouwer, Dutch President of the Liberal Group at the European Parliament, hold a demonstration in support of an effective relaunch of European integration.
On 1 December 1966, Karl Schiller is appointed Minister for Economic Affairs of the Federal Republic of Germany (FRG). On 12 May 1971, he becomes Minister for Economic Affairs and Finance, a post from which he resigns on 7 July 1972.
‘Come on then, jump!’ In 1973, despite the efforts of Helmut Schmidt, Karl Schiller’s successor as Finance Minister of the Federal Republic of Germany (FRG), inflation continues to undermine the European economies.
On 6 and 7 July 1978, the Bremen European Council adopts the principle of creating a European monetary system (EMS) to involve the nine Community currencies.
Willem F. Duisenberg, President of the European Monetary Institute from 1 July 1997 to May 1998 and President of the European Central Bank from 1 June 1998 to 31 October 2003.
Signing of the European Commission proposal on fixed euro parity rates in the Breydel Building of the Commission, followed by a joint press conference, held by the Commission and the Council in the Justus Lipsius Building of the Council, on the fixing of conversion rates between the euro and the currencies of the euro-area Member States. Jacques Santer, President of the Commission (right), and Yves-Thibault de Silguy, European Commissioner for Economic, Financial and Monetary Affairs (left), hold up the signed proposal documents.
On 6 and 7 July 1978, the Bremen European Council adopts the principle of creating a European monetary system (EMS) to involve the nine Community currencies.
