In April of that same year, the need for a single European currency was voiced by the new post-war President of the Nederlandsche Bank, Marius Wilhelm Holtrop, who wanted a strong and sound guilder which in due course would merge into one European currency.
The past fifty years have shown, that the advent of a single European currency will certainly not include the “United States of Europe” that Churchill was talking about. Soon after 1946, Europe became politically divided into Eastern and Western hemispheres due to the Cold War.