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PARIS IT SEEMS horribly familiar: the French government is promising big savings to prepare the country for the introduction of a single European currency in 1999. The unions are vowing [...]

ITALIAN prime ministers have a habit of catching Mrs Margaret Thatcher by surprise. Five years ago, at a European Community summit in Milan, Mr Bettino Craxi obliged her to vote [...]

Sweden's prime minister is struggling to win a yes to joining the euro EVEN for the joggers picking their way through the blueberries along the quiet forest paths outside Stockholm [...]

As Europe's problems mount, so the prospects for Britain joining the euro retreat PERHAPS galvanised by the prime minister's apparent euro-fervour at the Labour Party conference a fortnight ago, the [...]

This paper examines the impact that the European Union (EU) has exerted on Spanish economic activity. The empirical analysis is conducted using variance decompositions and historical decompositions derived from a [...]

stockholm GORAN PERSSON always knew he faced an uphill task in persuading Sweden's wary voters to embrace the euro. The Social Democratic prime minister now faces an even trickier job [...]

copenhagen THE Danes' rejection of the euro, by 53% to 47%, was a brutal blow for their Social Democratic prime minister, Poul Nyrup Rasmussen, who has run the country since [...]

brussels After Denmark's rejection of the euro, and with enlargement looming, the European Union must learn to live with dissent THE rule used to be that the European Union made [...]

The euro-referendum knock-on The Danes vote on September 28th on whether to join Europe's single currency. Other Nordic countries, and even the Balts, are watching THE top brass in Brussels [...]

Is Britain's absence from the European single currency really likely to deter foreign investors? FOR many years governments of both parties have boasted about Britain's success in attracting foreign direct [...]

So who needs the euro? PERHAPS it is just a summer fancy. But Bagehot has had the distinct impression of late that Britain is walking a bit taller in the [...]

MILAN IT WAS a familiar business. An Italian government anxious for money, but too nervous to tackle the way public money is being spent. The mini-budget announced by Romano Prodi, [...]

OSLO IN SCANDINAVIA, as farther south, autumn seems to be the time for a lick of fiscal discipline. The Swedes have just been given a stern budget. The Norwegians were [...]

A LOT of Frenchmen are doing something unusual these days. They are gazing with envy at the grey island across the English Channel. While France sinks deeper into recession, Britain [...]

AFTER three years of smiles, the unpleasant matter of money is again set to fray tempers within the European Community. Already engrossed in monetary and political adventures, the 12 members [...]

Battle is joined. Europe must win-for Britain's sake A CROSS Europe, 'Thatcher isolated' has become a headline cliche. After her passionate denunciations of European union at Westminster this week, it [...]

TO JUDGE by their public statements, you would think the Germans were wholly at odds over creating a European economic and monetary union. At one extreme is the foreign minister, [...]

Margaret Thatcher's attacks on the single European currency miss the point NOW that the pound is in the exchange-rate mechanism of the European monetary system, the British government's most urgent [...]

With sterling now constrained by the billiard-cushions of the European monetary system, employers should think of themselves as paying their workers with ersatz D-marks. That would be one way of [...]

IGNORING her every instinct about economics and the European Community, Margaret Thatcher put the pound into the exchange-rate mechanism of the European Monetary System on October 8th, cut interest rates [...]

A study was conducted analyzing the position of Belgium economy in the European Monetary Union (EMU) with regards to three major issues. These are the loss of the monetary and exchange rate instrument, the performance of the labor market and maintenance of political cohesion among European Union member countries. A parametric statistical mode that is equal to the approach carried out by Bayoumi and Prasad (1995) was used to provide explanation regarding production growth.

THE campaign against British membership of the European single currency labours under a serious disadvantage. The Eurosceptics have a terrible image as a bunch of wild men with stripy shirts, [...]

TWO years ago a seemingly obscure central-bank squabble over Target, a scheme to build links between Europe's wholesale payments systems, made prime-time television news in Britain, chiefly because of claims [...]

SO THAT'S clear, then: the British government likes the idea of Europe's single currency, but would rather not join it for the next four or five years, and isn't entirely [...]

PARIS After rattling the Germans over the euro, France's new Socialist prime minister delivered a fuzzier message to his compatriots at home. In a second article, we explain why France's [...]

CAN any British prime minister have gone to a European summit in so weak a position as John Major as he flew to the heads-of-government meeting in Dublin on December [...]

Italy's failure to cut its budget deficit could leave it stuck in Europe's slow lane, as the Community moves towards economic and monetary union FOR years economists have predicted economic [...]

MORE than ever, being part of the family is starting to matter in Europe. Part of a big political family, that is. The Europe-wide families of political parties are little [...]

Membership of Europe's currency club may soon become less exclusive NO SOONER had sterling leapt aboard the European exchange-rate mechanism (ERM) than bookies started taking bets on who would be [...]

THE resignation of Mr Tony Favell, parliamentary private secretary to the chancellor, Mr John Major, over the European threat to British independence, is another sign of Tory dissent surfacing ahead [...]

FROM OUR BRUSSELS CORRESPONDENT A southern member is starting to exert a surprisingly strong influence in the European Community. it must be Italy, you might think, the current president of [...]

MR JOHN MAJOR, Britain's chancellor, has visited several European finance ministries this summer. Officially he has been pushing his 'hard ecu' plan (see page 14). A clever ruse: actually he [...]