The domestic factors affecting the German position in the single European currency

This study focuses its research on the stand of the German government on the Single Currency. From the start of the Economic and Monetary Union Germany the one who wants to pursue the goal of having a single currency in Europe. Chancellor Helmut Kohl is behind Germany's persistence because he w...

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Main Authors: De Guzman, Roselia, Magpayo, Nicanor
Format: text
Language:English
Published: Animo Repository 1998
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/11661
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-123062021-09-01T02:05:54Z The domestic factors affecting the German position in the single European currency De Guzman, Roselia Magpayo, Nicanor This study focuses its research on the stand of the German government on the Single Currency. From the start of the Economic and Monetary Union Germany the one who wants to pursue the goal of having a single currency in Europe. Chancellor Helmut Kohl is behind Germany's persistence because he wants Germany's economy to prosper through the Euro and to have a more cohesive Europe. Though the glittering promise of prosperity, skepticism still arises within the German people due to the rising unemployment brought about by the policies of the government to meet its own Maastricht criteria on convergence. The Euro will save millions of Euro per year and will provide more employment and capital investment not only in Germany but the whole of Europe. Many German businesses will gain because of the elimination of transaction and exchange rate costs. Prices of commodities will stabilized through out Europe eliminating price discrepancy within Euro member countries. It would be easier for investors to penetrate European markets and thus increasing investments. Tourism will also benefit because of the elimination of Exchange rate costs, tourist will save money and spend more for themselves. 1998-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/11661 Bachelor's Theses English Animo Repository
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
description This study focuses its research on the stand of the German government on the Single Currency. From the start of the Economic and Monetary Union Germany the one who wants to pursue the goal of having a single currency in Europe. Chancellor Helmut Kohl is behind Germany's persistence because he wants Germany's economy to prosper through the Euro and to have a more cohesive Europe. Though the glittering promise of prosperity, skepticism still arises within the German people due to the rising unemployment brought about by the policies of the government to meet its own Maastricht criteria on convergence. The Euro will save millions of Euro per year and will provide more employment and capital investment not only in Germany but the whole of Europe. Many German businesses will gain because of the elimination of transaction and exchange rate costs. Prices of commodities will stabilized through out Europe eliminating price discrepancy within Euro member countries. It would be easier for investors to penetrate European markets and thus increasing investments. Tourism will also benefit because of the elimination of Exchange rate costs, tourist will save money and spend more for themselves.
format text
author De Guzman, Roselia
Magpayo, Nicanor
spellingShingle De Guzman, Roselia
Magpayo, Nicanor
The domestic factors affecting the German position in the single European currency
author_facet De Guzman, Roselia
Magpayo, Nicanor
author_sort De Guzman, Roselia
title The domestic factors affecting the German position in the single European currency
title_short The domestic factors affecting the German position in the single European currency
title_full The domestic factors affecting the German position in the single European currency
title_fullStr The domestic factors affecting the German position in the single European currency
title_full_unstemmed The domestic factors affecting the German position in the single European currency
title_sort domestic factors affecting the german position in the single european currency
publisher Animo Repository
publishDate 1998
url https://animorepository.dlsu.edu.ph/etd_bachelors/11661
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