(2) The EMU is a monetary zone ... Abstract: Europeans often refer to Economic and Monetary Union and enlargement as the EU’s two greatest successes. However, the basis for a sustainable ...

The creation of European Economic and Monetary Union (EMU) opened a new chapter in the debate over countries' choice of exchange rate regime. At stake is selection of the regime that will best serve ...

DURING its first decade, the euro delivered on its promises. Economic and Monetary Union (EMU) led to strong economic and financial integration among its members and prompted a catching-up process for ...

The past two years of global economic upheaval have sorely tested the EU's Economic and Monetary Union (EMU) and its crowning achievement, the euro. At base, the problem is simple: the EU is an ...

EU leaders, who meet today (15 October) in Brussels, were to talk about fleshing out a report on the future of the Economic and Monetary Union (EMU) prepared by the 28-nation bloc's top five ...

We consider the political and economic rationale for the establishment of EMU. We study the theory of optimal currency ... action problems that explain the incompleteness of the monetary union? What ...