http://www.inquiriesjournal.com/authors/2893/anastasios-vourexakis Inquiries Journal provides undergraduate and graduate students around the world a platform for the wide dissemination of academic work over a range of core disciplines. en-us Fri, 03 Apr 2026 15:56:11 -0400 Fri, 03 Apr 2026 15:56:11 -0400 http://www.inquiriesjournal.com/articles/1079/what-are-the-benefits-and-challenges-of-the-economic-and-monetary-union By Anastasios Vourexakis - The Economic Monetary Union (EMU) is the end point of an ambitious and historic stage of integrated market changes1 that not only challenge the structure and foundation of modern-day liberal capitalism, but also offer – where successful – a wealth of opportunity in the goods, labour and service industries of the European Union. A fiscal extension to the principles of the Schengen Agreement2 of 1985 offered a financial breakthrough where multiple crises during the midand late-1980s offered physical deficit in the sense that unemployment was on the rise and inflation was at a post-war... Thu, 01 Sep 2011 12:00 EDT http://www.inquiriesjournal.com/articles/1079/what-are-the-benefits-and-challenges-of-the-economic-and-monetary-union