More than 30 years after its inception, Economic and Monetary Union is widely seen as a success. It has steadily gained support among Europeans. Nearly 80% of euro area citizens support the single currency.[ 1 ] This is a strong vote of confidence, which shows that the euro is more than a currency. Our monetary union has become a global leader in social protection, a pioneer in fighting climate change and a guardian of free trade and democracy. But these values and achievements are being increasingly questioned and challenged in a world that is becoming less open, less stable and less reliable.[ 2 ] To assert its ... (full story)