The Eu Integration And The Monetary Union: Why England Don’t Join The Euro

EU which was established in 1957 with Rome Treaties and in 1992 with Maastricht \nTreaty made process from economic union towards political union, also has tried considering \nthe harmony many issues such as agriculture, commerce. One of these issues is monetary \nunion. \nWithin the Monetary Union that came into make its plans in 1969 and it was thought \nthat could prevent the cycle and consider the common monetary policy. In this framework, in \n1979, The European Monetary System was established and then in 1986 within the Single \nEuropean Act, this process continued and in 1992 with Maastricht Treaty it became clearer. \nThen in 1997, The European Monetary Institute was established and finally in 1999, \nEURO was accepted as monetary unit for EU members. Now, 17 members put the EURO \naccount but England hasn’t yet. There are many causes about this issues such as political, \neconomics, social, national interests. for England. In addition, this issue or policy effected the \nother relationships of England. \nKeywords: EU, England, The Monetary Union, EURO, National Interests.