Financial markets in the European Monetary Union

SPEECH - Eugenio Domingo Solans, Member of the Governing Council and the Executive Board of the European Central Bank delivered a speech at the 28th Annual Financial Markets Seminar, Valencia, on 8 June.

In the years prior to the introduction of the euro, there was a consensus among politicians, academics, market practitioners and central bankers that the adoption of a single currency for Europe would only be successful if a number of prerequisites were met. The most important of these

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