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Journey to Permanent Union

In: Euro on Trial

Author

Listed:
  • Brendan Brown

Abstract

A paradox in the process of monetary union is that it started with President de Gaulle sending Raymond Barre to Brussels in summer 1967 (as a vice-president of the European Commission). De Gaulle was an opponent of European federalism. He viewed with suspicion all granting of power to European supranational institutions, of which the not-yet-conceived European Central Bank would have been a prime example. He was in favour of European integration that took the form of direct intergovernmental co-operation in which the Bonn—Paris axis would call the shots. Such had been the design of the so-called Fouchet Plan (aimed at co-operation in foreign policy and defence matters) that the general had backed without success at the start of the 1960s (having become president of France in 1958).

Suggested Citation

  • Brendan Brown, 2004. "Journey to Permanent Union," Palgrave Macmillan Books, in: Euro on Trial, chapter 4, pages 97-137, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50859-0_4
    DOI: 10.1057/9780230508590_4
    as

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