Word: union
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Dates: during 1990-1999
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...impact of European Monetary Union (EMU) begins reverberating through the world's markets, Harvard's top money managers say their investment strategy remains relatively unchanged...
...Year's Day, 11 of the nations that belong to the 15-nation European Union (EU) took an epochal step toward unifying Western Europe as they officially adopted a new common currency, known simply as the euro. Banks, investment firms and companies spent the holiday weekend making final preparations to begin dealing in the new currency this past Monday...
...hardly comes as a surprise. Europe has talked about economic union since the 1951 Treaty of Paris joined six European countries in the first step toward the EU, but the euro is the most tangible move yet toward unification...
...Harvard Management Company (HMC), which invests Harvard's endowment, valued at $13 billion in June, anticipated the monetary union as it developed its bond and equity strategy over the past several years. Now that the day of unification has arrived HMC has few changes to make...
Many political analysts view the economic union as an important step toward greater stability on the continent and Winston Churchill's vision of a United States of Europe...