The main causes of the current Euro crisis are: 1) its premature birth, before the earlier stages of political and fiscal integration, and integration of defense and foreign policy; 2) the diminished nature of the European Central Bank, which is not only independent, like the Fed, the Bank of...

Joining the “Eurozone” – Economic and Monetary Union - is perceived as a very important step in the process of European integration. For the new members of the enlarged Union: Cyprus, Czech Republic, Estonia, Hungary, Malta, Latvia, Lithuania, Poland, Slovakia, Slovenia, participation in...