Starting in 2007, the first new EU member states (NMS) will also join the Euro Area. Although the adoption of the Euro by the NMS completes the recent eastern Enlargement of the EU, there are still many open questions concerning the accession to the Euro Area. Several policy issues (economic...

Relevant topics include issues such as • The role of the Euro in a changing international environment • The viability of the US current account deficit • Multilateral exchange rate regimes and policy coordination • Financial and exchange rate crises • Re-regionalization: the role of...