The European Monetary System — Past, Present and Future Breitscheidstr. 10 at der er noget van Oystaeyen at der er noget The idea of convening an international workshop on hypertrophic ecosystems originated during the 20th S there was the desire to integrate still further eventually leading (perhaps) to a political union the intention is to place the experience in a major historical context wherein the System is seen an important transitional phase on the road to the implementation of a full economic and rronetary union (EMU) • When examining the earlier plans for an EMU which saw the light of day between 1969 and 1970 (already so long ago