It has been a long time in the making, but scheduled plans have marked January 1, 2002 as the date that the new Euro currency banknotes and coins will be introduced in Europe. July 1, 2002 is the designated day that the changeover to a monetary union will be complete. The discussion as to the risks and benefits of this monetary union has been all the talk around the world. This union will have vast and far-reaching effects that …showed first 75 words of 4585 total…

…showed last 75 words of 4585 total…just have to wait and see. Bibliography Bibliography Ball, Don. International Business, The Challenge of Global Competition. Boston: Irwin McGraw-Hill., 1999. Currie, David. “The Pros and Cons of EMU.” 1998. URL: http://www.hm-treasury.gov.uk/pub/html/docs/emupc/main.html. 1999. De Grauwe, Paul. The Economics of Monetary Integration. New York: Oxford University Press., 1997. Emerson, Michael.The ECU Report. London: Pan Books Limited., 1991. Kenen, Peter. Economic and Monetary Union in Europe. New York: Cambridge University Press., 1995.