Editing Economic and monetary union (section)

== History ==
Several countries initially attempted to form an EMU at the Hague Summit in 1969. Afterward, a "draft plan" was announced. During this time, the main member presiding over this decision was [[Pierre Werner]], [[List of Prime Ministers of Luxembourg|Prime Minister of Luxembourg]].<ref>{{Cite web|url=https://www.cvce.eu/en/education/unit-content/-/unit/d1cfaf4d-8b5c-4334-ac1d-0438f4a0d617/01b8a864-db8b-422c-915e-a47d5e86593e|title=The Hague Summit (1–2 December 1969): completion, enlargement, deepening - Pierre Werner and the European integration process: from the Schuman Plan to the Fontainebleau Summit - CVCE Website|website=www.cvce.eu|access-date=2019-10-29}}</ref> The decision to form the [[Economic and Monetary Union of the European Union]] (EMU) was accepted in {{nowrap|December 1991,}} which later became part of the [[Maastricht Treaty]] (the Treaty on European Union).<ref>{{Cite web|url=https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/economic-and-monetary-union/what-economic-and-monetary-union-emu_en|title=What is the Economic and Monetary Union? (EMU)|website=European Commission - European Commission|access-date=2019-05-04}}</ref>