Articles on Issue Theme
György SZAPáRY
Central European University
The global financial crisis created new challenges for the countries which have joined the European Union since 2004 and are not yet members of the euro area. Having suffered much stronger market disturbances than the countries in the euro area, many of them have come to appreciate the protection that euro area membership can provide at times of financial crises and would like to speed up euro adoption. Paradoxically, they now face conditions that may make it more difficult for them to satisfy the requirements for joining the euro area.
ŒCONOMICA no. 1/2009
Keywords: convergence criteria, financial crisis, euro adoption, european and monetary union
JEL: F36, E42
Extinderea zonei euro în pragul crizei financiare: perspective şi provocări
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