Wickens, Michael R. (contributor) - 2007
without drastic changes to other aspects of
the EU and, in particular, to �scal policy. The problem is not the fault of the … launch of the euro in 1999, observed
that the founders largely ignored academic views that the EU was not an optimal currency … radical
change of EU �scal policy. This, in turn, would almost certainly require an increase in central
3
political control …