The consensus back in 2008 – ten years after the introduction of the euro – was that the adoption of a common currency … had made a limited impact of around 2% in total on the trade flows of the first wave of euro area countries (Baldwin et al …., 2008). Since then, six more countries have joined the euro area, and firms have internationalised their production …

last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that … euro by Russian residents and authorities in international transactions has increased, albeit at an uneven pace. While, in … general, the US dollar remains the major foreign currency used by Russian residents, the euro has gained importance as an …

The launching of the EURO not only affects the members of EURO-Land, but it also affects the potential new member … Central Africa?s single-currency zone. These countries will adopt the EURO without belonging to the Union. And if Sweden …, Denmark, Greece and Britain join the single currency, then their overseas territories would automatically adopt the EURO too …

This paper provides new empirical evidence of the "euro effect" on bilateral trade by allowing for a heterogeneous … show a statistically insignificant euro's effect on bilateral exports. However, disaggregating this effect, we report a … relatively large euro's effect on bilateral trade for the "new" EMU countries. We also and no evidence of trade diversion, thus …

pt. 1. The stability merits of the euro -- pt. 2. A case for rapid euro adoption? -- pt. 3. The euro area- a shelter …? Euro assets- a safe haven? -- pt. 4. Lessons- from euro area divergences, and from the crisis -- pt. 5. Post …