Rudolf Edlinger
Fiscal and Economic Policy under EMU
European Economic and Monetary Union as agreed at the beginning of May for now eleven EU member countries is the starting point for a positive economic development in Europe. Although tremendous progress was achieved European countries should make use of all potential chances as the common European currency is no end in itself. A very cautious but efficient harmonisation of tax systems is as important as a coordinated employment policy. The success of a common European economic policy is based on a more emotional relationship of European citizens toward Europe itself.
