How Did the Euro Come About?

The European Union has since 1957 had as a subjective the increased political and economic integration of Europe. In 1982, French president Francois Mitteron said France would no longer have its own sovereign policy. He was also signaling the European part of his party - the Socialist Party in France. So we're going to be hitchhiking by doing this German-European plan that takes a long time," he says.