Europes shift to economic and monetary union (EMU) is one of the biggest and most complex events in financial historyand very much in the news. This definitive guide, published in connection with Reuters, is now available for the first time in the U.S. Among the topics covered are such key issues as- calculating the odds on EMU could Eurobonds rival the US market? currencies- the ins and outs of EMU the legal headaches jobs at risk the MIS challenge Extensive appendices provide essential reference material and a detailed glossary ensures a complete understanding of the terminology and jargon surrounding monetary union. The introduction looks at the origins, aims and politics of the EMU, while the core of the book contains detailed analyses by specialized Reuters correspondents based in the worlds major financial centers. EMU Explained provides the first real insight into how EMU will affect you and your organization.