Volume 44, Number 19 · December 4, 1997
The Euro: The Engine That Couldn't
By Josef Joffe
'European Monetary Union—The Movie' would have to begin with the following scene. The place is the library of the Elysée Palace, the time is about March 1990. Only three people are present: François Mitterrand, the French president; Helmut Kohl, the chancellor of soon-to-be reunited Germany; finally, since neither speaks the language of the other, a faceless interpreter sworn to silence.
Feature, 4693 words
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