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Foreign Economic Policy in Europe: From Rule-Maker to Rule-Breaker in the European Monetary Union

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Book cover Power and German Foreign Policy

Part of the book series: New Perspectives in German Studies ((NPG))

Abstract

Why did Germany agree to participate in — indeed help instigate the plan for — EMU? Why did it agree to complete monetary union, making unprecedented domestic sacrifices to do so?

‘A single European currency was first proposed by the Nazi Reichsbank to Hitler [in 1940] as a means of perpetuating German dominance of Europe. Now it is EU policy.’ MP Sir Peter Tapsell, in an interview with the BBC, May 2001.

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© 2007 Beverly Crawford

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Crawford, B. (2007). Foreign Economic Policy in Europe: From Rule-Maker to Rule-Breaker in the European Monetary Union. In: Power and German Foreign Policy. New Perspectives in German Studies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230598331_4

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