This Country Economic Memorandum (CEM) looks at the broad reform program, including institutional, governance, and economic restructuring reforms Romania is pursuing, which are anchored in its process for accession to the European Union (EU). The challenge is to expand integration with the EU...

"This book presents a new narrative on the Eurozone crisis. It argues that the common currency has the potential to kill the European Union, and the conventional wisdom that the Eurozone can be fixed by a common budget and further political integration is incorrect. The authors address key...