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!