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What did Helmut Schmidt advocate for in 1986 regarding European monetary policy?

  • European monetary union and a European Central Bank

  • Abolishing the European Monetary System

  • Returning to national currencies

  • Creating a new European currency

Answer

In 1986, Helmut Schmidt was a leading proponent of European monetary union and the establishment of a European Central Bank. He believed that these institutions would further promote economic stability and cooperation in Europe.
Mastermind of the West: The Helmut Schmidt Chronicles - Test Your Knowledge!

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