Tag: European Monetary System

• Wednesday, November 11th 2015 - 05:50 UTC

  Germany mourns one of the architects of modern, unified Europe, Helmut Schmidt

  

  Helmut Schmidt, who served as West German Chancellor from 1974 to 1982, has died aged 96, his office says. Mr. Schmidt, who was a Social Democrat, was an architect of the European Monetary System, which linked EU currencies and helped pave the way to the euro. He also helped to consolidate Germany's post-war economic boom.