1. Milestones Of EU
... had also been gearing up to join in this round of expansion, but in its referendum in 1972 Norwegians decided against membership and negotiations to join were stopped. 1979: THE ROAD TO THE EURO BEGĂ"NS The European Monetary System (EMS) is introduced on the initiative of the Commission President Roy Jenkins setting Europe on the ... road towards the euro. The EMS is made up of the European Currency Unit (Ecu) and the Exchange Rate Mechanism (ERM). The Ecu - originally a unit for the community's internal budget - takes ... AT LAST? The draft Nice treaty expresses hope that some of th...
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