In 1970 he was chairman of the European Economic Community committee that presented the Werner Report, an official blueprint for a monetary union of the EEC's six members.
But the new prime minister, Enda Kenny, has little choice but to follow the austerity blueprint, which the International Monetary Fund now acknowledges is delaying recovery.
"Germany directed this current, backed moreover by an EU government in Brussels with no power or influence, and an International Monetary Fund that had always supported this blueprint.
Inscribed in the Maastricht Treaty, too, was the blueprint for an exciting economic and monetary union, with its eventual common currency and European Central Bank.
The European Union and International Monetary Fund have come up with a punchy blueprint to restore confidence in the financial system, as part of the country's $115.5 billion bailout.
The blueprint for the future Economic and Monetary Union will be the focus of the next European Council to be held on 13 and 14 December.
Presents a blueprint for the modernization of the current monetary architecture.
Though largely a reworking of previously announced steps, the plan, called a "blueprint for a deep and genuine economic and monetary union," includes proposals to help countries like Spain overhaul their labor markets and make other reforms deemed necessary for economic recovery.
Laying out a blueprint for the year ahead, Beijing promised to keep monetary policy "prudent," fiscal policy "proactive" and consumer prices stable.
It has campaigned steadfastly against the recovery blueprint for Greece drawn up by the European Union and International Monetary Fund.
While the G20 Leaders' Summit presented a blueprint on IMF and World Bank governance reform, the more recent communication from the International Monetary and Financial Committee mentions only part of what the G20 mandated.
