San Rafael, Lempira San Rafael, Lempira San Rafael is a municipality in the Honduran department of Lempira. It is one of the farthest municipalities of the Lempira department of Honduras. The best way to get to the municipality capital is via Santa Bárbara department, passing by El Nispero and San Jeronimo municipalities of this department. In the census of 1887 it appears with the name of "El Conal" village, of La Iguala municipality, and until 17 July 1900 it was granted the category of municipality, in the administration of President Terencio Sierra. To get to the municipality capital it is necessary to go
Economic and Monetary Union of the European Union in June 1988, when an ad hoc committee (Delors Committee) of the central bank governors of the twelve member states, chaired by the President of the European Commission, Jacques Delors, was asked to propose a new timetable with clear, practical and realistic steps for creating an economic and monetary union. This way of working was derived from the Spaak method. The Delors report of 1989 set out a plan to introduce the EMU in three stages and it included the creation of institutions like the European System of Central Banks (ESCB), which would become responsible for formulating and implementing monetary