biggest EU economies with the Southern Mediterranean Countries (SMCs). Algeria, Morocco and Tunisia are still strongly tied to … focused in Egypt, while the four other SMCs appear not to be priorities for non-Mediterranean EU countries. These differences … countries with strong economic links. EU external policy is still largely driven by member states' interests. Hence building …

We test for real interest rate convergence in the EU25 area. Our contribution is twofold: first, we account for the … have important implications relating to the single monetary policy and the progress new EU members have achieved towards …