Map of Uwchland on In fact, the euro is an intensely political initiative that has been deeply entangled in European history for many years. Put simply, the euro has evolved as an essential step toward the ultimate goal of ever-closer political integration first outlined in the 1958 Treaty of Rome. The language of subsequent treaties makes it clear that the euro’s introduction is based on far more than calculations of economic pros and cons. Although the euro is the child of a wide range of political agenda, ambitious economic goals have played an important, if secondary, role since the very beginning. Clearly, political solidarity in Europe would hardly be furthered if the euro’s creators believed that the new currency rested on a feeble economic footing. In fact, in the midst of political diversity, high-minded economic objectives have emerged as the most common answers to the Why did they do this? question. According to the Werner Report in 1970, in which EMU was first formally proposed: Monetary union will make it possible to ensure growth and stability within the Community and reinforce the contribution it can make to economic and monetary equilibrium in the world and make it a pillar of stability. Map of Uwchland 2016.
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