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 h....

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