Hermann Remsperger: Enlargement of the European Union and European and Monetary Union: Maastricht meets Copenhagen Speech by Prof Hermann Remsperger, Member of the Directorate of the Deutsche Bundesbank, at the annual meeting of ELEC, Frankfurt, 7 December 2001. * I.
Introduction  *  *  1  The accession of ten central and east European countries as well as Malta and Cyprus presents the 2 European Union with one of the greatest challenges in its history. In June 2001 the Gothenburg European Council clearly stated that the process of European enlargement is irreversible.