One of the challenges facing regional policy in the European Union is the accession of new countries to the Single Market and to Economic and Monetary Union. Conditions in many of these East European regions are worse than in the least developed regions of the fifteen existing member states....

The objective of this paper is to identify the factors with the greatest influence on the changeover process and to quantify how company policy and traits have informed currency adoption. Special attention is given to the role of the public sector in facilitating the currency changeover process....