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Editorial. Reviving EMU, reviving the — RESuME

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Jan 26, Luxembourg, Luxembourg. Fri Jan 26 at pm, Euro Meet LuxemborgFor mere info: Hotels. Novotel; Ibis Airport; Coque Hotel. Booking Form. Novotel Luxembourg-. Oct 15, This document includes all the regulations and all other important information regarding the technical and competition.

The fund typically invests directly, but may also invest indirectly via derivatives.

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For more information on the types of bonds held and derivatives used, please refer to the Prospectus. The investment manager selects investments based on an assessment of macroeconomic, asset, sector and stock-level factors. The fund is actively managed. Loans to governments and companies that pay interest.

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Financial contracts whose value is derived from other assets. Bonds issued by companies considered to be riskier and therefore generally paying a higher level of interest.

Risks associated with the fund The value of investments and the income from them will rise and fall.

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This will cause the fund price, as well as any income paid by the fund, to fall as well as rise. There is no guarantee the fund will achieve its objective, and you may not get back the amount you originally invested. When interest rates rise, the value of the fund is likely to fall.

The value of the fund may fall if the issuer of a fixed income security held is unable to pay income payments or repay its debt known as a default. Changes in currency exchange rates will affect the value of your investment.

Often the authors were the first to identify — well before anyone else — the weaknesses and opportunities of the monetary, economic and financial mechanisms under discussion or recently adopted. The journal served an academic purpose, offering an interdisciplinary perspective on EMU. But its scope was much wider: With subscribers including central banks, treasury departments, financial and banking organisations, experts and academics, the journal promoted the single currency beyond the narrow circle of experts.

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Inthe journal published its final edition, special issue 50 on the European Central Bank, composed entirely of papers by members of the new European monetary institution. The euro had been launched the previous year, the ECB had now been set up: When I wanted to cover a given topic, I always looked for the leading specialists on the subject and I published their texts.

While many of the institutions and organisations that supported the establishment of EMU closed down, he made sure the ecu-activities.

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A message was displayed on the site informing readers that it would soon be closing down. On the contrary, it marked the beginning of a new chapter characterised by largely unprecedented economic, legal and political requirements that have been insufficiently examined and discussed.

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But above and beyond their historical perspective, they also represent a valuable source of information to help us understand the current workings of EMU and identify solutions that will lead to progress.

Many of the choices made or rejected during the preparatory work for the single currency continue to shape our present circumstances and direct our future.

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This first semester of was marked by the 60th anniversary of the signing of the Rome Treaties and the 25th anniversary of the signing of the Maastricht Treaty, together with the publication of a series of reflection papers by the Commission. This issue will serve as a bridge between the past and the future: The general theme of this issue is Reviving Economic and Monetary Union.

Each of the new authors approached was asked to identify and develop a specific subject which they felt deserved their attention.

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I would like to express my sincere thanks to all those who agreed to contribute to the journal despite the very short deadline, and to everyone else who, even if unable to contribute personally, has shown interest in and support for the relaunch. An editorial board and an expert committee will gradually be set up. The following people have already agreed to be part of the editorial board: Authors interested in submitting a paper on a current aspect of EMU such as economic and budgetary policy, monetary policy, banking regulation, prudential supervision or the social dimension are invited to send their proposal or manuscript in French or English to the following address: Anyone interested in supporting this publication is also encouraged to contact me.

Finally, all contributions published on the platform are available on an open access basis. They can therefore be distributed and reproduced, as long as the authors and source are cited. It is still available at the following address: