The debate about European Economic and Monetary Union (EMU) has so far been dominated by questions of fiscal convergence and macroeconomic stability. Far less attention has been given to EMU's effects ...

The revised union treaty also mentions fiscal policy coordination, but unlike trade, financial, and monetary policy, it remains the sole purview of national governments. As the European experience ...

The European Central Bank will cut the deposit ... See more articles from Monetary Policy Radar, a new product from the FT, which has been designed to boost investors’ confidence and help ...