Posted by: zanshin, 2009-05-09 02:14

Statement

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Date: 1999-01-03 (Sunday)
"The adoption of a common currency is by far the boldest chapter of European integration. Money traditionally has been an integral element of national sovereignty ...and the decision by Germany and France to give up their mark and franc ...represents the most dramatic voluntary surrender of sovereignty in recorded history. The European Central Bank that will manage the euro is a truly supranational institution".
-- C. Fred Bergsten, prominent and core Trilateral Commission member and head of the Institute for International Economics, in the Washington Post






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