The five major crises in the history of the European Central Bank

25 years before the creation of the euro. Throughout its history, the currency went through financial crises with different characteristics.

European Central Bank office in Frankfurt France Press agency

Rosalia Sanchez


Updated at 5:06 PM.

The adventure was not without risks: on June 1, 1998 The Europeans agreed to create a common issuing bank and a single currency without previously agreeing on a joint management of the economy and finances. Even the Germans and the French …

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