Preparing to die
PLENTY of people doubt if Europe's single currency, the euro, will be born on time—or at all. Yet the European Monetary Institute (EMI) readies itself doggedly for its own demise next year, when it is to turn into a European Central Bank ahead of the euro's launch on January 1st 1999. What sort of creature will the new bank be?
This article appeared in the Finance & economics section of the print edition under the headline “Preparing to die”
From the April 5th 1997 edition
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