"Global business tends to be perceived as a number of individual but powerful multinational corporations, capable of controlling markets and influencing political decisions; in fact, global business is highly organized through a plethora of associations that bring together competing companies...

The age of the euro has cast central banks in a newly prominent role in European integration and in macro-economic policy making in Europe. This text examines the effects of the euro as the new European single currency on the central banks of the member states of the European Union