The Werner Report and the Delors Report
The Werner Report and the Delors Report
Pierre Werner, From the Werner Plan to the European Monetary System (EMS) (1980)
TextIn 1980, Pierre Werner, Luxembourg Prime Minister, gives a presentation to the Royal Institute for International Relations in Brussels entitled From the Werner Plan to the European Monetary System (EMS).
Address by Pierre Werner on Luxembourg in the international financial environment (Luxembourg, 4 June 1983)
TextOn 4 June 1983, the Luxembourg Prime Minister, Pierre Werner, gives an address at the 25th Congress of the Association Cambiste Internationale (ACI — the Financial Markets Association) on Luxembourg in the international financial environment.
Conclusions of the Hanover European Council: excerpt on Monetary Union (27 and 28 June 1988)
TextOn 28 June 1988, the Hanover European Council decides to entrust to a Committee chaired by Jacques Delors, President of the European Commission, the task of studying and proposing concrete stages leading towards an Economic and Monetary Union (EMU).
Jacques Delors
ImageIn April 1989, Jacques Delors, President of the European Commission, proposes to the Twelve the establishment of Economic and Monetary Union (EMU) in three stages, intended to lead to the adoption of a single European currency.
List of members of the Delors Committee
TableTable listing the members of the committee chaired by Jacques Delors, President of the European Commission, responsible for submitting and proposing practical steps leading towards gradual establishment of economic and monetary union (EMU).
Report on economic and monetary union in the European Community (12 April 1989)
TextOn 12 April 1989, Jacques Delors, President of the Commission of the European Communities, publishes the ‘Delors Report' which proposes that economic and monetary union (EMU) be achieved in three stages.
'Monetary union requires the EC to sign a new Treaty similar to the Single Act, says the Delors report' from El País
TextOn 18 April 1989, the Spanish daily newspaper El País analyses the impact of the economic and monetary union (EMU) propounded by Jacques Delors, President of the European Commission, on the functioning of the European Communities.
‘Report by the Delors Committee: Three stages to establish European economic and monetary union’ from Le Monde (18 April 1989)
TextOn 18 April 1989, the French daily newspaper Le Monde comments on the Delors Report on the establishment of Economic and Monetary Union (EMU).
'The Report on the EMU — Weak points of the British position' from Europe (19 April 1989)
TextOn 19 April 1989, Emanuele Gazzo, Director of Agence Europe, criticises the position taken by Margaret Thatcher, British Prime Minister, and by Nigel Lawson, Chancellor of the Exchequer, on the Delors Report on Economic and Monetary Union (EMU).
‘The EMU Report: For a "historic convergence"' from Europe (21 April 1989)
TextOn 21 April 1989, Emanuele Gazzo, Director of Agence Europe, urges the political leaders of the Twelve to respond positively to the proposals set out in the Delors Report on the establishment of Economic and Monetary Union (EMU).
'Delors: now for two-speed EC?' from The Guardian (19 April 1989)
TextOn 19 April 1989, the British left-wing newspaper The Guardian wonders whether the Delors Plan for Economic and Monetary Union (EMU) will not help to create a two-speed Europe.
Margaret Thatcher, The Downing Street Years
TextMargaret Thatcher, the then British Prime Minister, recalls the publication of the Delors Report in April 1989 and describes her critical response to the plan.
Jacques Delors, Memoirs
TextIn his memoirs, Jacques Delors, President of the European Commission between 1985 and 1995, discusses the establishment, the composition and the work of the Delors Committee which, on 12 April 1989, proposes to the Member States of the European Communities the creation of Economic and Monetary Union (EMU) in three stages.
Press conference held by Felipe González Márquez and Jacques Delors following the Madrid European Council (27 June 1989)
VideoOn 27 June 1989, following the Madrid European Council, Felipe González Márquez, Spanish Prime Minister and President-in-Office of the Council of the European Communities, and Jacques Delors, President of the European Commission, outline the implications of the three stages leading to Economic and Monetary Union (EMU).
'European unity relies on wider monetary stability' from The Guardian (28 June 1989)
TextOn 28 June 1989, the day after the Madrid European Council’s decision to approve the gradual implementation of economic and monetary union (EMU), the British left-wing daily newspaper The Guardian calls for the European states to implement greater monetary discipline.
‘The single currency after Madrid' from Le Monde (4 July 1989)
TextOn 4 July 1989, commenting on the outcome of the Madrid European Council held on 26 and 27 June, the French daily newspaper Le Monde indicates some ambiguities in the Delors Report and the Twelve’s difficulties in securing a joint definition of the aims of and the arrangements for Economic and Monetary Union (EMU).
Reactions from the Bruges Group to the Delors Report on EMU (2 November 1989)
TextOn 2 November 1989, the Bruges Group, a British think-tank, calls on British MPs to reject the Delors Report on Economic and Monetary Union (EMU).
Pierre Werner gives his views on the Delors Report (1989)
TextIn a text from 1989, Pierre Werner compares the two stage-by-stage plans for an economic and monetary union: the Werner Report (8 October 1970) and the Delors Report (12 April 1989).
John Major's point of view on the Delors Report (London, 2 July 1990)
TextOn 2 July 1990, John Major, Chancellor of the Exchequer, expresses his point of view on the Delors Report and on the different stages of economic and monetary union (EMU).
Jacques Delors gives his views on the Werner Report (1992)
TextIn a lecture given in 1992, Jacques Delors analyses the similarities and differences between the two stage-by-stage plans for an economic and monetary union: the Werner Report (8 October 1970) and the Delors Report (12 April 1989).