Proposals for a Monetary Union



The authors have on numerous occasions during the past year1 put forward their famous ‘nine points’ for a monetary union. In the light of the conciliatory agreements reached by the Council of Ministers in Brussels in February 1971, these proposals have been slightly modified. The basic philosophy, however — economic co-ordination moving towards the introduction of a European currency — has not changed. The nine points are set out in detail in the pages that follow.


Central Bank Monetary Union Common Currency European Economic Community Fixed Exchange Rate 
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© Peter Coffey and John R. Presley 1971

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