This paper presents the main costs and benefits of accession to the EMU countries, different transmission mechanisms of monetary policy measures villages as national fiscal policies and the procedures for quantifying the effects of these measures on the real economy. Are costs caused by the...

In this paper, we identify the principal conditionalities for the admittance in European Union. The nominal and real convergence must be touched faster because this processus supposes stability prices, the financial soundness indicators, the need to stabilize exchange rate. In addition, the real...