Which European institution did Helmut Schmidt advocate for in 1986?
European Parliament
European Commission
European Council
European Central Bank
Answer
In 1986, Helmut Schmidt was a leading proponent of European monetary union and the establishment of a European Central Bank. This institution would later be created in 1998 and is responsible for managing the euro currency and implementing monetary policy in the Eurozone.
Mastermind of the West: The Helmut Schmidt Chronicles - Test Your Knowledge!
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