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Abstract
The literature dedicated to Margaret Thatcher described her cabinet’s opposition to the European monetary union as the clearest evidence of Britain’s aversion to the supranational development of the European economic community. This research intends to provide an alternative and original vision of the position of the Uk towards monetary union. The core of this text is the description of the hard Ecu plan, which was presented by Great Britain to the Eec in 1990. The scant literature on this subject has described the hard Ecu as an alternative plan to monetary union. Conversely, the aim of this research is to clarify that this project was a real experiment in the direction of the single currency, representing an intermediate step towards the constitution of the euro. This research is made possible by the wide availability of recently declassified documents contained in important archives such as The National Archives, the Margaret Thatcher Foundation and the Historical Archives of the Eu.