This paper aims at the provision of applicable recommendations for institutions and actors involved regarding the EMU accession process both in CEE and in the euro-zone. In order to provide topical advice, the first part, on markets, will concentrate on theory and empirics of labour markets,...

The creation of the European Monetary Union (EMU) created the conditions for increased trade and economic growth for the member countries. The initial hypothesis regarding the impact of euro launch in terms of Foreign Direct Investment (FDI) inflows was that monetary integration will affect...