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Most of the newly acceded central and east European EU countries are among the main beneficiaries of EU Cohesion Policy …, and thereby to support convergence towards higher levels of per capita income. In the short run, however, EU Cohesion … contribute to internal and/or external macroeconomic imbalances. Economic policymakers should thus ensure that EU Cohesion Policy …
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On December 4/5, 1978 the heads of states and governments of the EC-member states are meeting in order to take decisions on the new European Monetary System agreed on at their Bremen summit. The problems of monetary integration in Europe are discussed in this article.
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