Showing 1 - 10 of 129
The EU candidate and potential candidate countries have made considerable progress in economic transition and …
Persistent link: https://www.econbiz.de/10011641211
Persistent link: https://www.econbiz.de/10011627099
Overall, the prospects for a continued and reasonably fast real convergence process between the EU8 countries and the … euro area are good. However, the continuation of the rapid progress made by many EU8 countries in the past cannot be taken … for granted. In fact, in order to ensure that fast economic growth in the EU8 countries remains sustainable, it is crucial …
Persistent link: https://www.econbiz.de/10011638923
for and supply of securities. This paper finds that financial markets in the new EU Member States (plus Cyprus, Malta and … process of integration is well under way and has accelerated since accession to the EU. …
Persistent link: https://www.econbiz.de/10011641190
This paper reviews selected aspects of economic relations between the EU and Russia, focusing on the impact that the … last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … if EU enlargement has had any diversion effects on trade between the EU and Russia at all, they have been minimal, while …
Persistent link: https://www.econbiz.de/10011641271
In the euro area, there is mixed evidence that the GDP per capita of lower-income economies has been catching up with that of higher-income economies since the start of monetary union. The significant real convergence performance of some of the most recent members contrasts with that of the...
Persistent link: https://www.econbiz.de/10011755500
The prolonged crisis exposed the vulnerability of a monetary union without a banking union. The Single Supervisory Mechanism (SSM), which started operating in November 2014, is an essential step towards restoring banks to health and rebuilding trust in the banking system. The ECB is today...
Persistent link: https://www.econbiz.de/10012132851
The studies summarised in this paper focus on the economic implications of euro area firms’ participation in global value chains (GVCs). They show how, and to what extent, a large set of economic variables and inter-linkages have been affected by international production sharing. The core...
Persistent link: https://www.econbiz.de/10012014067
strengthened national economic structures were supported by a reformed EU crisis and economic governance framework. However …
Persistent link: https://www.econbiz.de/10012020340