iPlayer Radio What's New?
Listen
Series 4 - 5. English Lesson; Understanding Understanding Owls
Image for 1989: Reshaping Europe

Listen now 30 mins

Listen in pop-out player

1989: Reshaping Europe

Episode 1 of 3

Duration:
30 minutes
First broadcast:
Sunday 29 January 2012

Allan Little looks at key moments and issues which brought the EU to the current crisis. In this episode he focuses on 1989 and its consequences.

By the early 1980s the major players in the European project were already committed to some sort of monetary union. But the fall of the Berlin Wall, which happened much sooner than anticipated, propelled the project forward with a new urgency. France - and others - feared a resurgent Germany would pull the axis of Europe east. Germany too wanted to send a message that it continued to see its future anchored at the heart of the EU: it would give up its cherished deutschmark and embrace the euro. Civil servants and politicians describe the bargaining that took place to close the deal. Compromises were made that would come back to haunt the union as early as 1992 when the Exchange Rate Mechanism - which precipitated one the UK's most serious financial crises - showed the difficulties of maintaining a single currency across very different economies.

Producer: Jane Beresford.

Broadcasts

Featured in...

  • The Wall Years

    A selection of programmes relating to the Berlin Wall and its fall.

Podcast

  1. Image for Crossing Continents

    Crossing Continents

    On the ground reporting from around the world which focuses on the human dimension of the big…

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Added. Check out your playlist Dismiss