摘要
2009 marks the 10-year anniversary of the launch of the euro,a historic undertaking which drew a veil over centuries of conflict and set Europe on an unprecedented path of cooperation and integration.The euro is an important and tangible manifestation of this community of values.While overall very successful,the first decade of the euro reveals a number of shortcomings and challenges which call for improved coordination of economic policies,further structural reforms,and political determination by member states to achieve greater integration.There is potential therefore to reap further benefit from the euro.
2009 marks the 10-year anniversary of the launch of the euro, a historic undertaking which drew a veil over centuries of conflict and set Europe on an unprecedented path of cooperation and integration. The euro is an important and tangible manifestation of this community of values. While overall very successful, the first decade of the euro reveals a number of shortcomings and challenges which call for improved coordination of economic policies, further structural reforms, and political determination by member states to achieve greater integration. There is potential therefore to reap further benefit from the euro.