Despite the promise that the Economic and Monetary Union will promote prosperity and harmony, Europeans have met its arrival largely with indifference or suspicion. This lack of enthusiasm is likely to tame the ambitious of those who would try to manipulate the EMU for private gainat least in the short run.
|Other Independent Review articles by Enrico Colombatto|
|Winter 2012||Is There a Health-Care Problem in Western Societies?|
|Summer 2008||The European Economy since 1945: Coordinated Capitalism and Beyond|
|Summer 2005||Euro as Politics|