Delors Committee
The Delors Committee, formally known as the Committee for the Study of Economic and Monetary Union, was an ad hoc committee chaired by European Commission President Jacques Delors in 1988–1989. It was set up in June 1988 upon a mandate from the European Council to examine and propose concrete stages leading to European Economic and Monetary Union; its report, commonly known as the Delors Report, was published in April 1989.
The Delors Committee is widely viewed as having been the effective starting point of the process of European Economic and Monetary Union that led to the negotiation of the Treaty of Maastricht in December 1991 and adoption of the euro as the single currency of 11 of the 15 member states of the European Union on 1 January 1999.