July 9, 2009
Today the Euro is the supranational currency for sixteen European countries and the worlds second-largest reserve currency. In this first comprehensive political and economic account of the birth and development of the Euro, Marsh tells the story of the rivalries, intrigues, and deal making that brought about a currency for Europe, and he analyzes the achievements and shortcomings of its first decade of existence.
Drawing on more than 100 interviews with leading figures associated with the Euro, and scores of secret documents from international archives, Marsh underscores the Euros importance for the global economy, in particular for U.S. and British economic and political agendas, while acknowledging that great pressures are building on the single currency.
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