The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Countdown to monetary union

SS Euro - sinking the unsinkable

Samizdat - the literature of dissent


  • April 17 Finnish parliament votes on Emu

  • April 23 Bundestag (lower house) debates Emu

  • April 24 Bundesrat (upper house) debates Emu

  • April 29/30 European parliament debates European commission's and EMI's ratings

  • Late April German Association of Free Citizens may file a demand for an Emu referendum

  • May 2 European parliament comments on the selection of countries

  • May 3 EU Council (heads of government) announces participants for the first round of Emu and bilateral currency conversion rate targets. European Central Bank board is nominated

  • May 6 Dutch general election

  • May 19 Ecofin publishes currency conversion procedures

  • May 28 Denmark referendum on Maastricht and Amsterdam treaties

  • June 15/16 EU summit in Cardiff

  • July 1 EU presidency passes from UK to Austria. European Central Bank replaces EMI

  • September 27 German Bundestag election

  • September 30 Deadline to publish lists of securities planned for redenomination at year end

  • December 31 Currency conversion rates against the euro are announced

  • December 31 to January 4 Conversion weekend.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.

By continuing to use & browse the site you agree to our Privacy Policy.
I agree