The book is published by Mandarin, part of Reed, which showed a defiant streak of European co-operation last Thursday by announcing a merger with Elsevier, the Dutch publisher.
In his book, Marsh points out that the Bundesbank has been a reluctant imperialist in its time.
As a senior official, Otmar Issing, put it: 'For a long period we said nothing will come of EMU (economic and monetary union). We have the better monetary policies. Why should we take over a worse currency?' What an unanswerable question.Reuse content