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Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...
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pronounced in weaker parts of the Eurozone, with the resulting flight to quality further depressing rate levels, especially for … negative returns. For the Eurozone as a whole, just over 50 percent of sovereign debt is traded at negative yields. This …
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Financial stability inside the European Monetary Union (EMU) is a trendy topic in most developed countries around the world. From the moment the EMU was brought to life, there was much speculation about its imperfections, inadequate management, and vulnerability. Some of them have turned out to...
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