Klaus Liebscher: European Economic and Monetary Union - how to continue a success story? (Central Bank Articles and Speeches)

By the end of last month, the successful era of President Willem Duisenberg at the helm of the European Central Bank came to an end. At the beginning of this month, Mr. Jean-Claude Trichet became second President of the European Central Bank. Certainly, already this change at the top of the ECB provides a good opportunity for both looking back and looking into the future. Moreover, from a broader perspective, we are at the threshold of the historic event of the accession of five Central European and three Baltic countries as well as two Mediterranean islands to the European Union.