Focus: the ECB is 25 years old! “Tomorrow the Euro” – From a Euro-currency to a Euro-citizenship (Franck Biancheri, 1997)
The move to a single currency is not only the most important economic challenge the European Union has taken on in its forty years of existence, but it is above all the most significant political challenge it has ever faced. … The euro is only an instrument, neutral in itself. … The euro era, after 2002, will no doubt be an era of rethinking and reconstruction of the non-monetary and economic part of the European edifice. ln order to construct a Europe that is more open, more transparent, more efficient and more democratic as PROMETHEUS-EUROPE would wish, it will have to be built on two solid props : the single market and the single currency.