While past discussions on EMU tended to emphasise its role in limiting the impact of the global financial crisis on the euro area countries, the focus has now shifted to the destabilising effects threatening the entire euro zone as a consequence of the dire fiscal situation in some weaker member...

Negotiations for an extension of the Lomé Convention of February 28, 1975 (Lomé I) began - almost unnoticed by the public - on July 24, 1978. An analysis of the experiences with the Lomé Convention and the demands and amendments presented by the contracting parties is offered in the following...