• Short Summary

    In Belgium, the Common Market Finance Ministers held a meeting in Brussels on Monday (20 November), to discuss a proposal to introduce a European Monetary System.

  • Description

    In Belgium, the Common Market Finance Ministers held a meeting in Brussels on Monday (20 November), to discuss a proposal to introduce a European Monetary System. The E.M.S. is intended to stabilise currency fluctuations and would take effect next January.

    SYNOPSIS: The talks were held in the Common Market Finance Council. Delegates from the nine member nations discussed plans for a common European currency, an issue which is expected to be a major topic at the Common Marketing summit meeting in December. The scheme was originated by France and West Germany who want it to commence on the first of January next year. Italy has expressed willingness to join, but Britain, which depends less on European trade than other members, is still undecided. The issue also concerns European Foreign Ministers, since it could entail the separation of the British and Southern Irish currencies, if Britain does not join the scheme.

  • Tags

  • Data

    Film ID:
    VLVA8EMVO836FK2GJYFLQZWIRL4QE
    Media URN:
    VLVA8EMVO836FK2GJYFLQZWIRL4QE
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    20/11/1978
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:46:00
    Time in/Out:
    /
    Canister:
    N/A

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