of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …

FDI inflows across individual member countries. Euro zone membership is statistically significant but a negative … determinant in the cases of Greece, Portugal, France, Belgium and Spain. Furthermore, for both Germany and Ireland the Euro area …

The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private …

euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a … points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the … labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been …