摘要
For the European Union (EU), 1997 will be a critical year, whether for es-tablishing its Economic and Monetary Union (EMU) or for building its political u-nion, or for its eastward enlargement. First, 1997 is a decisive year for countries applying for founding membershipof the EMU scheduled to be launched in 1999. To be sure, to realize EU’s plan forsingle currency is one of the major objectives of its cross-century strategy and