I carry out a power analysis of changes in voting weights and rules in the Nice Treaty of the EU on the widening and deepening of European integration, by applying methods that use Shapley-Shubik and Banzhaf indices. Significant decrease in voting power of small countries makes widening of...

What are the prospects for New Member States to join the euro-zone in the not too distant future? They seem to be in a catch-22 situation Because of the current financial crisis some Maastricht criteria would be more difficult to fulfil in the short and medium term, which would make it hard for...

We use rolling cointegration to measure the convergence of base money, M2, the consumer price index and industrial output between two reference countries, Germany and France, and recent EU members and some transition economy candidates. Counties that recently joined the EU exhibit time-varying...