Offering a comprehensive model for the evolution of the European Community's monetary system and budget, this study outlines and discusses recent political decisions made by the Community and their implications for its future.
Tommaso Padoa-Schioppa, OMRI was an Italian banker and economist who was Italy's Minister of Economy and Finances from May 2006 until May 2008. He is considered as a founding father of the European single currency. He is a former member of the Steering Committee of the Bilderberg Group.