Bulgaria has the green light to join the euro next year and become the 21st member of the European Union's currency union.

Across the Atlantic, the euro was designed to be more than a regional currency. From its inception in the 1990s, its ...

The European Monetary System (EMS) was an adjustable exchange rate arrangement set up in 1979 to foster closer monetary policy cooperation between members of the European Community (EC).

To boost the euro's global status, Lagarde proposed three key pillars: maintaining "a steadfast commitment to open trade" ...

Abdelal, Rawi. "The Politics of Monetary Leadership and Followership: Stability in the European Monetary System Since the Currency Crisis of 1992." Political Studies 46, no. 2 (June 1998): 236–259.

Abstract This paper recounts some well-known problems confronting European monetary union (EMU), such ... could damage a target country’s banking system, and how the basic structure of EMU ...

Later attempts to achieve stable exchange rates were hit by oil crises and other shocks until, in 1979, the European Monetary System (EMS) was launched. But it was under the presidency of Jacques ...

THE European money crisis only dramatized what many experts have long regarded as an unassailable dictum: the free world’s monetary system is overdue for an overhaul. That system—the ...

Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Pete ...

François Villeroy de Galhau, Governor of the Banque de France and member of the European Central Bank’s Governing Council, will give a keynote speech (followed by a Q&A), around three questions for ...

When the United Kingdom was forced to abandon the European Monetary System's exchange rate mechanism 30 years ago, British officials took it as a happy consequence that the UK would not qualify for ...

The European Institute (@LSEEI) is a centre for research and graduate teaching on the processes of integration and fragmentation within Europe. OMFIF (@OMFIF), the Official Monetary and Financial ...