Title Details

Paul Temperton runs TIER (The Independent Economic Research Company). He has previously worked as an economist for the Bank of England and was Director of Merrill Lynch's European Economic and Fixed Income Research Department. Paul edited the first edition of The euro and travels extensively running seminars and financial training courses on the impact of the single European currency.

Foreword to the second edition

John C. Corrigan

Chairman, EFFAS-European Bond Commission, National treasury Agency, Dublin

Preface

Paul Temperton (Editor)

The Independent Economic Research Company (TIER)

I: The Background To The Euro

1. Introduction

Paul Temperton

The Independent Economic Research Company (TIER)

2. Why is the euro being introduced?

Paul Temperton

The Independent Economic Research Company (TIER)

3. A picture of Euroland

Paul Temperton

The Independent Economic Research Company (TIER)

4. How the euro is being created

Pat McArdle

Ulster Bank, Dublin

II: The Economics Of The Euro

5. The costs and benefits of the euro: a case study for Germany

Nikolaus Keis

Hypovereinsbank, Munich

6. Fundamental economic implications of EMU

Professor David Miles

Merrill Lynch & Imperial College London

7. Can Euroland work with one interest rate?

Paul Mortimer-Lee

Paribas

8. The options for the UK

Professor David Miles

Merrill Lynch & Imperial College London

9. The Nordic countries and the euro

Ake Gustafsson

Swedbank, Stockholm

III: The Institutions Of The Euro

10. The European Central Bank

Darren Williams and Richard Reid

UBS Limited

11. Euro-X

Paul Temperton

The Independent Economic Research Company (TIER)

IV: Legal Issues

12. The euro: eliminating legal uncertainty

Cliff Dammers

Secretary General, International Primary Market Association

V: Problems Ahead?

13. Could EMU break up?

Paul Mortimer-Lee

Paribas

14. Could EMU be Europe's 'Maoist leap forward?

Professor Tim Congdon

Lombard Street Research

VI: The Foreign Exchange Market

15. The international role of the euro

Avinash Persaud

J.P. Morgan Europe

16. The euro and central European currencies

David Abramson

Bank Credit Analyst Forexcast

VII: Financial Markets

17. The euro and the money market

Paul Temperton

The Independent Economic Research Company (TIER)

18. The euro and government bond markets

Mike Young

Goldman Sachs

19. The euro and equity markets

Mike Young

Goldman Sachs

20. Pension funds and EMU

Peter Oppenheimer

HSBC Securities

VIII: The Impact On Companies & Consumers

21. The euro and accounting practices

John Hegarty

Secretary General, Federation des Experts Comptables Europeens

22. The impact on financial services

Graham Bishop

Salomon Smith Barney

23. The impact on retailers and the consumer

Paul Temperton

The Independent Economic Research Company (TIER)

VIII: Regulations & Provisions

Appendix 1 Article 235 Regulation

Appendix 2 Article 1091(4) Regulation

Appendix 3 Continuity of contract: New York legislation

Appendix 4 Continuity of contract: ISDA Provision

Index