1.   A small monetary union here would be relatively safe, under almost any conceivable scenario.

2.   Bonn sets new deadline for full monetary union.

3.   I believe that monetary union is political union, and that the creation of a single currency is federalism.

4.   Maastricht makes exchange-rate stability a precondition for participating in monetary union.

5.   Monetary union has long been seen as a way of bringing about greater economic and political unity within the Community.

6.   Monetary union is shaping as the new political battleground.

7.   The Bundesbank has warned that monetary union will fail because Maastricht did not go far enough on political union.

8.   These problems would intensify following the introduction of a core monetary union.

9.   They are intimately connected, for as this chapter will show, acceptance of monetary union implies defacto acceptance of political union.