Bénassy-Quéré, Agnès; Lahrèche-Révil, Amina - In: Open Economies Review 11 (2000) 4, pp. 303-321
We study whether Central and Eastern European Countries (CEECs) have an incentive to use the euro as a monetary anchor … area standard, the CEECs have paid too much attention to the USD in the past and should prefer the euro to the dollar as a … also have an incentive to stabilize their currencies in real terms against a basket where the euro would be prominent …