This paper aims to identify different growth patterns in the EU which led to the emergence of macroeconomic imbalances … assessment of their role in the development of macroeconomic imbalances within the EU. It derives tentative conclusions as to how …

correlation in the period 1996-2012 using a panel of 27 EU countries. The paper pays special attention to Central and Eastern … dissimilarity upon business cycle correlation in the EU. The paper also provides some evidence for the significance of intra …

the question of whether policies in the EU should head towards autonomy, coordination or harmonization. Taking the path … currency in the EU as a result of deep harmonization in the monetary policy area is an unambiguous precedent with many … free ride and strengthen joint responsibility for the fiscal development of public finances in the EU. In addition to the …