A History of the Single Currency (1/2)

Type: Archives [long]   Reference: I-006693   Duration: 00:30:48  Lieu:
End production: 06/02/1998
This archive video stockshot traces the history of the single currency from 1957 to 1992. It consists of the following chapters: - Part I: 1957-1971: From the Marjolin Plan to the Werner Plan; - Part II: 1972-1985: From the Snake to the European Monetary System; - Part III: 1986-1989: Towards EMU; - Part IV: 1990-1994: EMU - 1st Phase.

Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
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TIME DESCRIPTION DURATION
00:00:00 Generic and title: A History of the Single Currency (1998), 1/2 00:00:25
00:00:25 1. PART I - 1957-1971 - From the Marjolin Plan to the Werner Plan 00:04:32
00:00:25 Title 00:00:04
00:00:29 Title: 25/03/1957 - Signing of the Treaty of Rome - For the founding members of the EEC, the objective was to create a common market and not an economic and monetary union. 00:00:03
00:00:32 General interior view of the Hall of the Horatii and Curiatii, Campidoglio, Rome 00:00:02
00:00:35 From right to left: Johannes Linthorst Homan, Head of the Dutch delegation at the Intergovernmental Conference, Joseph Luns, Dutch Minister for Foreign Affairs, Lambert Schaus, Head of the delegation of Luxembourg at the Intergovernmental Conference, Joseph Bech, Prime Minister and Minister for Foreign Affairs of Luxembourg, Gaetano Martino, Italian Minister for Foreign Affairs, Antonio Segni, Italian Prime Minister, Walter Hallstein, German Federal Secretary of State for Foreign Affairs, Konrad Adenauer, German Federal Chancellor, and Maurice Faure, French Deputy Secretary of State for Foreign Affairs 00:00:26
00:01:01 Signature by Paul-Henri Spaak, Belgian Minister for Foreign Affairs 00:00:02
00:01:04 Signature by Maurice Faure and Konrad Adenauer 00:00:13
00:01:17 Shot of the Treaty of Rome 00:00:04
00:01:22 Shot of the signatures 00:00:03
00:01:25 Title: 12/02/1969 - Barre Plan - The first plan recommends the convergence of economic policies and the creation of a Very Short Term Financing Facility (STFF). The second plan launches the work of an Economic and Monetary Union (EMU) and its creation in three phases with a timetable running from 1970 to 1978. 00:00:03
00:01:28 Raymond Barre, Vice-President of the CEC in charge of Economic and Financial Affairs and the Statistical Office, during the first meeting of the Malfatti Commission 00:00:13
00:01:42 Franco Maria Malfatti, President of the CEC, and Raymond Barre at the European Parliament in Strasbourg 00:00:07
00:01:49 Title: 01-02/12/1969 - European Council of The Hague - Agreement on the principle of an Economic and Monetary Union. 00:00:03
00:01:52 Family photo 00:00:05
00:01:58 Round table (5 shots) 00:00:15
00:02:13 Statement by Jean Rey, President of the CEC, (in FRENCH) on the principle agreement of a monetary union. 00:00:26
00:02:40 Title: 08/10/1970 - The Werner Plan defines the EMU project (conversion, fixing rates, convergence, co-ordination). 00:00:02
00:02:43 Press conference: statement by Pierre Werner, Prime Minister and Minister for Finance of Luxembourg and President of the Experts' Committee in charge of presenting accurate propositions on the Economic and Monetary Union, (in FRENCH) on the report of his group during the Council of 08/02/1971; on the fixing of European currencies; on the irreversibility of the EMU process; on going from the first phase to the second phase of EMU. (3 shots) 00:01:33
00:04:17 Graphics on the transformation of six currencies into a European currency (1971). European currency symbol. 00:00:14
00:04:31 Title: 11/12/1970 - Signature of the agreement launching a loan by the ECSC in European currency units. 00:00:03
00:04:34 Close up of the documents 00:00:09
00:04:43 Round table and signature by Albert Coppé, Member of the CEC in charge of Social Affairs, Transport, Personnel and Administration, Credit and Investment, Budgets and Financial Control (2 shots) 00:00:10
00:04:54 Close up of the signatures 00:00:03
00:04:57 2. PART II - 1972-1985 - From the Snake to the European Monetary System 00:07:23
00:04:57 Title 00:00:04
00:05:02 Title: 19-20/10/1972 - Reunited at the Paris Summit, the 9 support the date of 1980 for the overcome of the EMU and decide to create the European Monetary Cooperation Fund (EMCF). 00:00:03
00:05:05 Date of the European Council of Paris (being typed) 00:00:08
00:05:14 Round table with, among others, Edward Heath, British Prime Minister, and Willy Brandt, German Federal Chancellor (4 shots) 00:00:16
00:05:30 Georges Pompidou, President of the French Republic, welcoming the new Member States: Denmark, Ireland and the United Kingdom 00:00:35
00:06:06 Title: 03/1973 - Severe devaluation of the dollar and beginning of the general floating of currencies, energy crisis and recession. The Snake brings down the dollar. 00:00:03
00:06:09 Exterior view of the Berlaymont building 00:00:04
00:06:13 Views of the city of Brussels during a weekend traffic ban (5 shots) 00:00:19
00:06:33 Title: 12/1975 - Tindemans Report on the future of the EMU. 00:00:03
00:06:36 Léo Tindemans, Belgian Prime Minister 00:00:06
00:06:42 Léo Tindemans and Francois-Xavier Ortoli, President of the CEC 00:00:02
00:06:45 Léo Tindemans with Helmut Schmidt, German Federal Chancellor 00:00:03
00:06:49 Léo Tindemans shaking hands with Aldo Moro, Italian Prime Minister and President in office of the Council 00:00:02
00:06:51 From right to left: Baudouin, King of the Belgians, Valéry Giscard d'Estaing, President of the French Republic, Gaston Thorn, Prime Minister of Luxembourg, and Léo Tindemans 00:00:04
00:06:55 Statement by Léo Tindemans (in FRENCH) on his report on the European Union. 00:01:10
00:08:05 Title: 06-07/07/1978 - European Council of Bremen - Valéry Giscard d'Estaing and Helmut Schmidt propose the creation of the Monetary System in place of the Snake. 00:00:03
00:08:08 Valéry Giscard d'Estaing, President of the French Republic 00:00:02
00:08:10 Valéry Giscard d'Estaing and Helmut Schmidt, German Federal Chancellor and President in office of the Council 00:00:09
00:08:20 Francois-Xavier Ortoli, Vice-President of the CEC in charge of Economic and Financial Affairs, Credit and Investments and the Statistical Office 00:00:02
00:08:22 Gaston Thorn, Prime Minister of Luxembourg 00:00:01
00:08:24 Roy Jenkins, President of the CEC 00:00:07
00:08:32 Final press conference given by Helmut Schmidt, Roy Jenkins, and Hans-Dietrich Genscher, German Deputy Federal Chancellor and Federal Minister for Foreign Affairs: statement by Helmut Schmidt (5 shots) 00:00:39
00:09:11 Title: 05-06/12/1978 - The European Council of Brussels decides on the creation of EMS from 01/01/1979. 00:00:03
00:09:14 Demonstration outside the Berlaymont building in favour of a single currency 00:00:07
00:09:21 Family photo (2 shots) 00:00:23
00:09:44 Helmut Schmidt, German Federal Chancellor and President in office of the Council, reading a newspaper 00:00:04
00:09:49 Hans-Dietrich Genscher, German Deputy Federal Chancellor and Federal Minister for Foreign Affairs 00:00:07
00:09:57 Final press conference by Valéry Giscard d'Estaing (in FRENCH) announcing the implementation of the EMS. (2 shots) 00:01:11
00:11:09 Title: 1981 - The European Investment Bank (EIB) makes loans available in ecu. 00:00:03
00:11:12 General view of the exterior of the EIB and the logo of the EIB 00:00:04
00:11:16 Shot of bonds issued by the EIB in ecu 00:00:05
00:11:22 Title: 12/1985 - The Commission proposes measures destined for the creation of an economic area that would allow for the free movement of persons, goods, services and capital. 00:00:03
00:11:25 Graphics on free movement 00:00:29
00:11:54 Statement by Jacques Delors, President of the CEC, (in FRENCH) on the achievement of the Single Market. 00:00:25
00:12:20 3. PART III - 1986-1989 - Towards EMU 00:09:01
00:12:20 Title 00:00:05
00:12:25 Title: 17/02/1986 - Signing of the Single Act with the objective of a progressive achievement of the EMU. 00:00:02
00:12:28 Single Act document 00:00:04
00:12:33 Signature of the Single Act by the nine Ministers for Foreign Affairs: Léo Tindemans, Belgian Minister for External Relations 00:00:02
00:12:35 Hans-Dietrich Genscher, German Deputy Federal Chancellor and Federal Minister for Foreign Affairs 00:00:02
00:12:38 Francisco Fernández Ordoñez, Spanish Minister for Foreign Affairs 00:00:02
00:12:40 Roland Dumas, French Minister for External Relations 00:00:02
00:12:43 Peter Barry, Irish Minister for Foreign Affairs 00:00:02
00:12:45 Robert Goebbels, Secretary of State for Foreign Affairs, Foreign Trade and Cooperation of Luxembourg 00:00:02
00:12:48 Hans van den Broek, Dutch Minister for Foreign Affairs and President in office of the Council 00:00:02
00:12:51 Pedro Pires de Miranda, Portuguese Minister for Foreign Affairs 00:00:02
00:12:53 Lynda Chalker, British Deputy Minister for Foreign Affairs and Commonwealth 00:00:02
00:12:56 Statement by Lord Francis Arthur Cockfield, Vice-President of the CEC in charge of Internal Market, Customs Union Service, Taxation and Financial Institutions, at the European Parliament (in ENGLISH) on the definition of the internal market as defined in the Single Act. 00:00:21
00:13:17 Title: 27-28/06/1988 - The European Council of Hanover gives itself a year to reach the EMU. They will entrust a committee directed by Jacques Delors with a mission to "study and propose concrete phases leading to an EMU". 00:00:03
00:13:20 Press conference by Jacques Delors, President of the CEC, (in FRENCH) on the liberalisation of the movement of capital. (2 shots) 00:00:49
00:14:09 Family photo (4 shots) 00:00:08
00:14:17 Round table (3 shots) 00:00:12
00:14:30 Final press conference by Helmut Kohl, German Federal Chancellor and President in office of the Council, (in GERMAN) (2 shots) 00:01:03
00:15:33 Statement by Jacques Delors (in FRENCH) on the Central Bank and the EMU; on the new European dynamics. (2 shots) 00:00:53
00:16:27 Statement by Jacques Delors (in FRENCH) on the ad hoc Committee. 00:00:25
00:16:52 Demonstration by European federalists 00:00:04
00:16:57 Shot of the sign requesting the abolition of frontiers 00:00:04
00:17:01 Shot of banner requesting a single currency for Europe 00:00:03
00:17:05 Title: 17/04/1989 - The Delors Committee Report of the EMU proposes a 3 stage plan to complete the EMU. 00:00:03
00:17:08 Shots of the Delors Committee Report on the Economic and Monetary Union 00:00:05
00:17:13 Pages of the Report 00:00:02
00:17:16 Title: 26-27/06/1989 - European Council of Madrid - The Delors Committee Report becomes the reference material for the process towards EMU. 00:00:03
00:17:19 Shot of the exterior of the "Palacio de Congresos" in Madrid 00:00:06
00:17:25 Felipe González, Spanish Prime Minister and President in office of the Council, and Helmut Kohl, German Federal Chancellor 00:00:02
00:17:27 Family photo (3 shots) 00:00:12
00:17:40 Final press conference by Felipe González and Jacques Delors, President of the CEC: statement by Felipe González (in SPANISH) on the two main themes of the conclusions: the EMU and the social dimension of the EEC; on the global process of the EMU and the announcement of the Intergovernmental Conference (IGC). (6 shots) 00:01:03
00:18:43 Statement by Jacques Delors (in FRENCH) on the progress of the EMU; on the irreversibility of the process that will bring us to an EMU. (2 shots) 00:01:17
00:20:01 Title: 08-09/12/1989 - The European Council of Strasbourg establishes that the decisions taken to reinforce the co-ordination of economic policies and collaboration between central banks will allow for the first phase of the EMU to begin as of 01/07/1990. 00:00:03
00:20:04 Arrival of François Mitterrand, President of the French Republic and President in office of the Council 00:00:04
00:20:08 François Mitterrand and Roland Dumas, French Minister for Foreign Affairs 00:00:02
00:20:11 Arrival of Jacques Delors, President of the CEC, and Frans Andriessen, Vice-President of the CEC in charge of External Relations and Trade Policy and Cooperation with other European Countries 00:00:07
00:20:18 Family photo (2 shots) 00:00:14
00:20:32 Statement by François Mitterrand (in FERNCH) on the EMU and the IGC. 00:00:48
00:21:21 4. PART IV - 1990-1994 - EMU - 1st Phase 00:09:26
00:21:21 Title 00:00:05
00:21:26 Title: 01/07/1990 - Official liberalisation of movement of capital in 8 countries of the EEC. Start of the first phase of the EMU. 00:00:03
00:21:29 National currencies on the background of the map of Europe 00:00:11
00:21:40 Banks, exterior views: Crédit agricole 00:00:01
00:21:42 Société Générale 00:00:01
00:21:44 Rabobank 00:00:02
00:21:46 Banco Central 00:00:01
00:21:48 Barclay's Bank 00:00:02
00:21:50 Cariplo 00:00:01
00:21:52 Deutsche Bank 00:00:01
00:21:54 Title: 27-28/10/1990 - The European Council of Rome postpones the introduction of the second stage of the EMU until 01/01/1994. 00:00:03
00:21:57 Arrival of Helmut Kohl, German Federal Chancellor, and federalists demonstrating in the street 00:00:07
00:22:05 Arrival of Margaret Thatcher, British Prime Minister 00:00:08
00:22:14 Round table (2 shots) 00:00:10
00:22:24 Family photo (2 shots) 00:00:33
00:22:57 Final press conference given by Giulio Andreotti, Italian Prime Minister and President in office of the Council, and Jacques Delors, President of the CEC 00:00:13
00:23:10 Statement by Jacques Delors (in FRENCH) on the Council communique and the new working plan of the Council. (6 shots) 00:01:25
00:24:36 Statement by François Mitterrand, President of the French Republic, (in FRENCH) on the fixing of the second phase of the EMU as of 01/01/1994; on the participation of national currencies in the single currency. 00:01:39
00:26:15 Title: 09-11/12/1991 - European Council of Maastricht, Decision to revise the Treaties and to promote an economic and monetary union as well as a political union. The 12 decide that the Single Currency will be created before 01/01/1999. 00:00:03
00:26:18 Exterior shot of the MECC ("Maastricht Expositie en Congres Centrum") 00:00:06
00:26:24 Round table (4 shots) 00:00:11
00:26:36 Family photo with Beatrix, Queen of the Netherlands, and Ruud Lubbers, Dutch Prime Minister and President in office of the Council 00:00:05
00:26:42 Final press conference by Ruud Lubbers (in ENGLISH) on the single currency. 00:00:27
00:27:09 Statement by Henning Christophersen, Vice-President of the CEC in charge of Economic and Financial Affairs, Coordination of Structural Funds and the Statistical Office, (in ENGLISH) on the United Kingdom obtaining an opt-out clause for the third phase of the EMU. 00:00:22
00:27:31 Title: 07/02/1992 - Signing of the Maastricht Treaty 00:00:03
00:27:34 Official signing ceremony of the Treaty of Maastricht: signatures by Uffe Elleman-Jensen, Danish Minister for Foreign Affairs, and Anders Fogh Rasmussen, Danish Minister for Finance; Gianni De Michelis, Italian Minister for Foreign Affairs, and Guido Carli, Italian Minister for the Treasury; Francisco Fernández Ordoñez, Spanish Minister for Foreign Affairs, and Carlos Solchaga Catalán, Spanish Minister for Finance; Douglas Hurd, British Secretary of State for Foreign Affairs and the Commonwealth, and Francis Maude, British Financial Secretary to the Treasury 00:00:11
00:27:45 Maastricht Treaty signed by all the Member States of the EC (2 shots) 00:00:11
00:27:56 Distribution of pamphlets in favour of a "yes vote" for Denmark 00:00:01
00:27:58 Posters for "yes" and "no" vote in Denmark (2 shots) 00:00:04
00:28:03 Posters for "yes" and "no" vote in Ireland (2 shots) 00:00:05
00:28:09 Title: 17/09/1992 - The lira and the pound come out of the EMS. Crisis meeting of the Monetary Committee of the EC in Brussels. 00:00:03
00:28:12 Distribution of the press communique announcing that the Italian lira and pound sterling are coming out of the EMS 00:00:03
00:28:15 Statement by a Portuguese representative (in ENGLISH) explaining the reasoning behind the departure of the lira and the pound. 00:00:17
00:28:32 ECOFIN Council of 28/09/1992: British representative leaving 00:00:04
00:28:36 Italian delegation 00:00:06
00:28:42 Jean-Claude Juncker, Minister for Finance and Employment of Luxembourg, and Norman Lamont, British Chancellor of the Exchequer and President in office of the Council 00:00:03
00:28:45 Press conference by Norman Lamont (in ENGLISH) on the EMS as a key factor of economic stability in Europe. 00:00:24
00:29:09 Cutaway 00:00:05
00:29:14 Statement by Henning Christophersen, Vice-President of the CEC in charge of Economic and Financial Affairs, Coordination of Structural Funds and the Statistical Office, (in ENGLISH) about the EMS. 00:00:12
00:29:26 Italian lira (2 shots) 00:00:05
00:29:32 Pound sterling (2 shots) 00:00:05
00:29:38 Title: 11-12/12/1992 - European Council of Edinburgh - Denmark notify that they will not be participating in the third phase of the EMU. 00:00:03
00:29:41 Exterior shots of Edinburgh Castle (2 shots) 00:00:06
00:29:47 John Major, British Prime Minister and President in office of the Council 00:00:02
00:29:50 Round table 00:00:07
00:29:57 Family photo (3 shots) 00:00:18
00:30:16 General shot of the final press conference given by John Major 00:00:02
00:30:18 Statement by Uffe Ellemann-Jensen, Danish Minister for Foreign Affairs, (in ENGLISH) explaining the Danish position. 00:00:30
00:30:48 Copyright 00:00:33
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