Austria-Hungary was a sprawling central European power ... When ink-stamped currency resulted in widespread fraud, they used sticker stamps. When authorities started to confiscate some of the ...

Remember that the ECB’s mandate is price stability, but inflation in the euro area has exceeded 22% in the past four years.

whereas the average for the three largest economies in the European Union—France, Germany, and the United Kingdom—was about 52 percent. International use of a currency provides several major benefits ...

European leaders have said they would prefer to negotiate. If that fails, their response could go beyond anything they’ve ...

The notes were phased out in part because of their association with criminality. The large denomination made it much easier for people to smuggle large amounts of cash across the EU, whereas nowadays, ...

The European ... union between 27 countries that covers more than four million square kilometres. The EU spans countries with more than 508 million citizens and the euro is the common currency ...

Senior Adviser, European Policy Centre ... regional community such as a free trade area, a customs union, a single market, a single currency, a common passport area, and a common foreign policy.

Whether such regional trade and financial agreements would be as beneficial as a currency union when it comes to trade flows and broader economic integration is an open question. But the experience of ...