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BACKGROUND TO EMU

Explore the history of the European Monetary Union (EMU) from the 1970 Werner Report to the introduction of the euro in 2002, including key milestones like the Maastricht Treaty and the creation of the European Central Bank. Learn about the Stability and Growth Pact and the transition to a single currency.

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BACKGROUND TO EMU

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  1. BACKGROUND TO EMU 1970: Werner Report  1979: European Monetary System  1989: Delors Report  1992: Maastricht Treaty  1996: Stability and Growth Pact  1998: European Central Bank  1999: Single currency  2002: Euro in circulation

  2. 1970 The Werner Report 1979 European Monetary System (EMS) 1988 Delors Report 1992 Maastricht Treaty (Treaty of the European Union) 1997 Stability and Growth Pact 1998 European Central Bank comes into existence 1999 single currency 2002 euro in circulation and legal tender History of EMU

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