There were several reasons for this shift. It was thought it would be intuitively easier for the public to grasp the essence of monetary easing: an increase in the “quantity” could easily be connected to a large-scale supply of cash, creating an image of inflation.
Economic and Monetary Union EMU is the area where Europe has progressed furthest. It is a union where sovereign nations share a single market, a single economy and a single currency. Where they bind their actions through common laws and institutions. Where they remain unified and diverse at the same time. This unique arrangement fulfils the visions of centuries of great European thinkers.