The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction … of the euro. Significant development in terms of integration took place in both markets in general to a various degree … notably regarding the bond market which lags behind in terms of liquidity, market completeness and overall size compared to …

) indicators of the euro. This framework yields two sets of indicators - (i) one nominal and several real EER indices against a … narrow reference group of euro area trading partners based on different price and cost deflators; and (ii) a nominal and a … industrial and newly industrialised euro area partner countries, while the broad group is made up of 38 trading partners …

The destructive potential of the sovereign debt crisis of the euro area has been slowly abating since last summer, but … euro area, and the other being an erosion of trust in the viability of the euro area itself. Such concerns have led to talk … the crisis or the future of the euro area. While the crisis is a traumatic wake-up call, it is also a catalyst for change …

eminently. The euro has proven credible both in the countries that officially adopted it and in the countries that adopted it … facilitate the accession of willing EU members to the euro by relaxing the ERM II conditions. …

The paper examines economic and political challenges of joining the euro area in the case of Poland. After reviewing … the economic developments since the pre-accession period and assessing economic convergence with the euro area the paper … focuses on the political and institutional challenges of acceding to the euro zone. Special attention is given to the effect …

der EWU vorsehe. Zudem wird die im zeitlichen wie auch im Ländervergleich relativ hohe Stabilität des Euro als Beleg für … den Erfolg der EWU angeführt. Gegen die nach allen Umfragen trotzdem weit verbreitete Euroskepsis (Der Euro ist ein Teuro … Inflationsrate seit Einführung des Euro deutlich über der objektiv anhand des Harmonisierten Verbraucherpreisindex (HVPI) gemessenen …

analyze the flaws in the current euro-based financial system, and Keynes's clearing union proposal offers a template for a …

1) The Adoption of the Euro by New Member States: Challenges and Vulnerabilities by Michael C. Bonello 2) The Economics …