Study - The European Parliament, Economic and Monetary Union, and the Maastricht Treaty - 28-04-2025
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Based on original archival research, interviews, media sources and wide ranging academic literature, this study focuses on the European Parliament’s leading and agenda-setting role in the process of European monetary integration. Important initiatives incluStudy - The European Parliament, Economic and Monetary Union, and the Maastricht Treaty - 28-04-2025
Based on original archival research, interviews, media sources and wide ranging academic literature, this study focuses on the European Parliament’s leading and agenda-setting role in the process of European monetary integration. Important initiatives included the 1962 Van Campen Report on the coordination of monetary policies, the monetary chapter of the 1984 Spinelli Draft Treaty, the work of the intergroup on European Currency during the period 1984 to 1989, and the 1990 Herman Report to prepare the intergovernmental conference on economic and monetary union (EMU). The first part of the study discusses the long history of European monetary integration, from the Rome Treaties to the Delors Report. The second part analyses the role of the European Parliament in the intergovernmental conference and the adoption by the European Parliament of the Maastricht Treaty. The third part investigates the influence of the European Parliament on the EMU process. The European Parliament paid special attention to the democratic dimension of EMU, as well as to its social and regional cohesion and the issue of prudential supervision in a monetary union. Source : © European Union, 2025 - EP Read more