"In the EU experience, the very concept of union was formally used for the first time in the preamble of the 1957 Rome Treaty establishing the European Economic Community (EEC), when the signatory states expressed their determination "to lay the foundations of an ever-closer union among the...

In this important new book, Giandomenico Majone examines the crucial but often overlooked distinction between the general aim of European integration and the specific method of integration employed in designing an (ill-considered) monetary union. Written with the author's customary insight and...

Mit der drohenden Staatspleite einzelner Länder hat der Traum von der Europäischen Währungsunion seinen Glanz eingebüßt und seine Risiken offenbart. Angela Merkels Diktum "Scheitert der Euro, dann scheitert Europa" versucht die Währungsfrage in einen größeren Zusammenhang zu stellen. Das...