The final decision for the introduction of the Euro as the common currency of eleven member states of the EU from January 1, 1999 on was reached despite the negative or at least sceptical public opinion in Germany. The research question to be answered in this article is whether the CDU/CSU-FDP-coalition was punished for the decision by the German voters. After a description of the development of German public opinion towards the Euro and the priority of this topic over time, we present results of a special survey on the topic aiming at an explanation of the German Euro sceptics and the possible consequences of it for the attitude towards further European integration. Then in section 4, we analyze the perceptions of the positions of the German parties concerning further integration. Thus, we can check the argument that the decision in favor of the Euro would not cause any disadvantages of the Kohl government since the established German parties all favored the same pro-European policy. Empirically, we can show that the German voters perceived the CDU/CSU in the position of the most integrationist party so that it is no surprise that this party had to face disadvantages at the 1998 Bundestag election. But the loss of votes of the larger coalition party CDU/CSU was not big; we estimate the CDU/CSU-loss due to the Euro decision of the Kohl government to be about one half percentage point.