Britain and Joining The Economic and Monetary Union Economic and monetary union promises both currency stability and a move towards further integration of Europe. Deeper monetary co-operation would strengthen political bonds between EU member states and protect a common market. Thus, since the 1960's, the EMU has been a recurring goal of the European Union whilst its member states have made sustained efforts to strengthen monetary co-ordination between themselves. By strengthening economic links in a way that would make hostilities difficult, if not impossible, European members believe that the risk of war and conflict on the European continent would disappear completely. Additionally, it can be argued that France is striving to create a Europe of global superpower by consolidating its economic strength. Furthermore, some might ....

Number Of Pages: 10

Number Of Words: 2664

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