Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.
On January 1, 2026, Bulgaria will bid farewell to its lev currency and become the 21st European nation to adopt the euro. The ...
Cartoon by the French cartoonist Plantu, from March 1979, showing the new ECU as a guide and lifeboat for the nine participating countries (Source: Plantu. Le douanier se fait la malle, 20 ans de ...
Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The European Monetary System (EMS) was ...