Since 2014, the European Union has had a Deep and Comprehensive Free Trade Area (DCFTA) in place with Moldova as part of the EU-Moldova Association Agreement (AA). The European Commission has appointed a consortium led by the Centre for European Policy Studies (CEPS) to undertake an evaluation...

Since 2014, the European Union has had a Deep and Comprehensive Free Trade Area (DCFTA) in place with Moldova as part of the EU-Moldova Association Agreement (AA). The European Commission has appointed a consortium led by the Centre for European Policy Studies (CEPS) to undertake an evaluation...

Since 2014, the European Union has had a Deep and Comprehensive Free Trade Area (DCFTA) in place with Moldova as part of the EU-Moldova Association Agreement (AA). The European Commission has appointed a consortium led by the Centre for European Policy Studies (CEPS) to undertake an evaluation...

Discussions of costs and benefits of EMU usually rely on the optimum currency area approach: when external shocks hit the economy, it is easier to adjust the exchange rate than domestic prices or wages. We find that external shocks have little impact on unemployment, but are more important to...

This study investigates the shock-absorbing properties of a banking union. It makes a detailed comparison between the way in which banking unions have absorbed regional financial shock at the federal level in the USA, but have led to severe regional (national) financial dislocation and tensions...