of the Eurozone as soon as they fulfil the Maastricht criteria. However, compliance with the Stability and Growth Pact … countries' exposure to possible risks of the Eurozone enlargement vary significantly. …

Countries (CEEC) into the European Union (EU) is accompanied by an extension of the eurozone to this region. This paper surveys …

highly desired process, given that everything works out smoothly. The future eurozone will show a much higher degree of … enlargement of the eurozone depends on these institutions and, thus, increases the costs of failure. On the other hand, a … successfully introduced euro in the CEEC will facilitate the whole integration process. Accession to the eurozone requires a …