1. There are deep divisions in the party over European monetary union.

2. Is a breakup of the European monetary union possible?

3. The project of European monetary union is entering the most dangerous phase in its 11 - year history.

4. A fully operational European Monetary Union does not come, however, with a guarantee of success.

5. European Monetary Union is the typical model of the financial development from inside to outside.

6. On January 1, 1999, The European Union will start to use European Monetary Union ( Ecu ).

7. The euro is hobbled by concerns about the long - term viability of the European Monetary Union.