Vieira, Carlos; Vieira, Isabel; Costa, Sofia - Ezoneplus - 2003
especially in peripheral EU areas, indicates that financial markets cannot be fully relied upon as mechanisms of adjustment. The …The coexistence in EMU of one common monetary policy and several domestic fiscal policies raises a number of problems … reached consensus in the EU, nor is it expected to do so in the near future, the issue of how to co-ordinate monetary and …