on 1 May 2004 into the euro area. Most NMS have undergone a rapid and deep transformation in all areas with considerable … the euro area in the process of labour market and institutional reform (their labour market structures are more flexible … than those of the euro area countries). There is also some evidence that a few NMS have a significant degree of business …

in response to the euro area crisis. The paper complements the economic narratives of the crisis with an institutional …

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 …

-making, and thereby facilitates the maintenance of price stability in the euro area. A fully-fledged committee structure has also … contributed to the smooth integration of non-euro area Member States into the Eurosystem’s monetary policy decision-making process. …

-making, and thereby facilitates the maintenance of price stability in the euro area. A fully-fledged committee structure has also … contributed to the smooth integration of non-euro area Member States into the Eurosystem's monetary policy decision-making process …

This paper analyses the impact of the global financial crisis on euro area cross-border financial flows by comparing … significant changes in the composition of euro area cross-border portfolio flows, as investors shifted from equity to debt … crossborder financial activity may have a major bearing on growth prospects for the euro area and may also matter from a financial …

in response to the euro area crisis. The paper complements the economic narratives of the crisis with an institutional …