Most economists would argue that monetary integration leads to financial integration; in other words, when a set of countries has a common currency, as in the European Monetary Union (EMU), for ...

Journal of Economic Integration, Vol. 39, No. 2 (June 2024), pp. 454-482 (29 pages) This study investigated the possibility of expanding the GCC monetary union to other MENA countries using cluster ...

Following years of negotiations involving over a dozen European nations, the Maastricht treaty was signed on February 7, 1992, and established the terms and basic timeline for European Economic and ...

Fiscally bankrupt, France is trapped in economic stagnation. The immediate issue is the 2026 budget. Prime Minister Sebastien Lecornu resigned due to an inability to negotiate a budget for 2026. Still ...

(Reuters) -Europe's economic and monetary union, the most visible product of which is the euro, is an unprecedented effort at creating a shared currency backed by its own financial architecture. It is ...

The Council of the European Union: 1. Recalls that member states shall regard their economic and fiscal policies as a matter of common concern and shall coordinate them within the Council, in line ...

LONDON, Jan 16 (Reuters Breakingviews) - It would be reasonable to expect that the co-author of a high-profile 2015 report, opens new tab on “completing Europe’s economic and monetary union” would put ...

Sources: IMF, African Department database; World Economic Outlook; World Bank World Development Indicators; IMF staff estimates and projections. All projections presented were prepared in February ...