Don't (even mention) delay
CONSIDERING that talk of delaying the single currency is officially taboo, there has been an awful lot of it recently. This week the European Commission's president, Jacques Santer, and the French and German finance ministers all dismissed speculation that the date for launching the euro, January 1st 1999, might be put back. Inside the commission, officials speak darkly of an “Anglo-Saxon conspiracy” to stymie the onset of the euro. The Maastricht treaty, they assert, actually makes delay impossible.
More from Europe
Russian trainee pilots appear to be hunting Ukrainian civilians
Residents of Kherson are dodging murderous drones
Can the good ship Europe weather the Trumpnado?
Tossed by political storms, the continent must dodge a new threat
Spain’s proposed house tax on foreigners will not fix its shortage
Pedro Sánchez will need the opposition’s help to increase supply
A French-sponsored Ukrainian army brigade has been badly botched
The scandal reveals serious weaknesses in Ukraine’s military command
A TV dramatisation of Mussolini’s life inflames Italy
With Giorgia Meloni in power, the fascist past is more relevant than ever
France’s new prime minister is trying to court the left
François Bayrou gambles with Emmanuel Macron’s economic legacy