Cartoon by Gus on the European currency project (29 January 1971)

Image
‘European currency project. Not forgetting the guilder, the note should be the liracal expression of this sterling achievement; it should mark the essence of a franc and loyal agreement.’ On 29 January 1971, French cartoonist Gustave Erlich paints an ironic picture of the slow progress in the establishment of Economic and Monetary Union (EMU). Federal Chancellor Willy Brandt (centre) listens attentively to the proposals of President Georges Pompidou (on the right) on the European currency project. Following the Franco-German summit held on 25 and 26 January 1971, the two leaders agree on the length of the first stage that is to lead to Economic and Monetary Union, but in practice the commitment of France and West Germany remains limited.

Source and copyright

Source: ERLICH, Gustave. "Sans oublier le florin, il faudra que ce billet nous livre une image de mark représentant toute la lire d'un accord loyal et franc" dans France-Soir. 29.01.1971.

Copyright: (c) GUS. Tous droits réservés.

This document is also available in…

Cartoon by Gus on the European currency project (29 January 1971)