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By the Treaty of Accession to the EU, Romania opted for the euro adoption. According to the Maastricht Treaty, since … 2014 Romania has fulfilled the nominal convergence criteria, thus becoming apt to adopt the euro. But a careful analysis of … the reality and the lessons learnt from the Euro Area crisis show that the real convergence criterion is able to ensure …
Persistent link: https://www.econbiz.de/10011698594
credibility of the Euro and price stability in the Eurozone will not be threatened by fast EMU Enlargement. Neither can the … recommendations both for new member states (on how to manage their accession to the Eurozone) and for the European Commission, ECB and … current Eurozone members, and should further improve before Eurozone entry, decreasing risk of their exposure to idiosyncratic …
Persistent link: https://www.econbiz.de/10013157589
Persistent link: https://www.econbiz.de/10012606756
credibility of the Euro and price stability in the Eurozone will not be threatened by fast EMU Enlargement. Neither can the … recommendations both for new member states (on how to manage their accession to the Eurozone) and for the European Commission, ECB and … current Eurozone members, and should further improve before Eurozone entry, decreasing risk of their exposure to idiosyncratic …
Persistent link: https://www.econbiz.de/10014212729
Persistent link: https://www.econbiz.de/10012194360
countries aspiring for EU and euro area membership. The goal of this paper is to consolidate a variety of theoretical views on …
Persistent link: https://www.econbiz.de/10012650896
Persistent link: https://www.econbiz.de/10001796640
This paper examines, in the context of future EMU membership of the Central and Eastern European countries (CEECs), the interaction between fiscal policy and the price level in different exchange rate regimes. The theoretical framework is based on the Fiscal Theory of the Price Level (FTPL). The...
Persistent link: https://www.econbiz.de/10014108862
Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch … determine the members of the EURO zone. The Maastricht criteria suffer from two weaknesses: neither do they reflect sufficiently … sectors (tradeables, non-tradeables) in the respective member countries. In the light of the forthcoming widening of the EURO …
Persistent link: https://www.econbiz.de/10010508238
Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch … determine the members of the EURO zone. The Maastricht criteria suffer from two weaknesses: neither do they reflect sufficiently … sectors (tradeables, non-tradeables) in the respective member countries. In the light of the forthcoming widening of the EURO …
Persistent link: https://www.econbiz.de/10001596617