The EU's enlargement policy with regard to the Western Balkan countries is in tension with the necessary internal reforms. Therefore, the promise of admission contrasts with the slow realisation of this promise. The dilemma results less from the Western Balkan countries' readiness for accession...

The Euro Plus Pact was approved by 23 EU countries in March 2011. The Pact stipulates a range of quantitative targets meant to strengthen competitiveness and convergence with the ultimate aim of preventing unsustainable financial imbalances from accumulating. This paper uses Granger causality...

The Euro Plus Pact was approved by 23 EU countries in March 2011 and came into force shortly afterwards. The Pact stipulates a range of quantitative targets meant to strengthen cost competitiveness with the aim of preventing the accumulation of external financial imbalances. This paper uses...