Döpke, Jörg; Gern, Klaus-Jürgen; Langfeldt, Enno; … - Institut für Weltwirtschaft (IfW) - 1998
in order to meet the obligations of the Stability and Growth Pact. Ultimately, the fiscal positions have to be …Stage Three of the European Monetary Union (EMU) will start on January 1, 1999. The new currency area, for which the … be expected for EMU. A single monetary policy for Euroland will not affect regions uniformly, given the substantial …