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| 1998, May 3 |
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| Formal plans were launched for the formation of the EU's Economic and Monetary Union (EMU) that would include the participation of 11 nations, including Spain, in the Jan. 1, 1999, adoption of the euro. | 1 |
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| July 29 |
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| Although former prime minister Felipe Gonzalez Marquez was not implicated in the probe, 12 officials from his government received jail sentences for crimes in the anti-Basque “dirty war” that went on during the prime minister's term of office. | 2 |
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| Sept. 16 |
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| The militant Basque separatist group ETA announced a “total and indefinite” cease-fire. The Spanish government remained highly skeptical of the extremist group's unconditional truce. | 3 |
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