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How we all – consumers and businesses likewise – benefit from the Euro

The European Economic and Monetary Union (EMU) is an outstanding example of successful European integration. Since 1999, as many as 19 countries have been sharing the Euro and benefiting from a stable, internationally significant currency. The elimination of foreign exchange costs and exchange rate fluctuations invigorated trade within the EMU and brought considerable savings for businesses and individuals.

EU reflection paper on monetary union: strengthen the Eurozone

European monetary policy

The Five Presidents’ Report on completing Europe’s Economic and Monetary Union


European Economic and Monetary Union

A Convergence Code for the Euro Area

- In recent years, we have seen a lot of efforts in the fiscal area. However, reforms for the general business environment have fallen short. Can benchmarks like the European Commission's country specific recommendations or the proposals of the Organisation for Economic Co-operation and Development... more
European Economic and Monetary Union

Industry Calls for Maximum Damage Limitation During Brexit

- The extent of damage limitation is largely the responsibility of the UK Government. more
European Economic and Monetary Union

Quo vadis, Europe?

- The public had mixed reception on the White Paper on the Future of Europe. Jean-Claude Juncker, President of the European Commission, presented five different scenarios. However, he did not commit himself to one of them. At the third “Econ Jour Fixe” on 7 March 2017, Brussels economists from BDI,... more
European Economic and Monetary Union

EU reforms: Yes please, but not in my backyard!

- European citizens support EU reforms in general, but reject reforms that concern themselves. This was the outcome of the fifth joint workshop of BDI and Konrad-Adenauer-Stiftung on the European Economic and Monetary Union. more
European Economic and Monetary Union

Brussels economists expect 1.5 percent of growth in 2017 for the euro area

- Recently, all major international institutions have published their growth forecast for the year 2017. In BDI’s last „Econ Jour Fixe“ on 18 January 2017, representatives of the European Institutions and other organizations concluded a joint forecast of 1.5 percent growth for the euro area. more
European Economic and Monetary Union

More national ownership as key for better euro area governance

- Among academics and policy makers, there is a widespread agreement that the governance of the European economic and monetary union (EMU) needs swift and substantial improvements. However, recommendations to increase growth, stability and crisis resilience often point in different directions. more