Afonso, António (contributor); Furceri, Davide (contributor) - 2007
, business cycles are not yet well synchronized with the euro area's business cycle, and risk-sharing mechanisms may not provide … countries
which have not adopted the euro, the 9 new EU members also outside the euro, and 3
prospective members, Bulgaria … that
the new (and, eventually, the prospective) EU countries should be considered candidates
for the euro once they join …