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...

The fifth Summit will delve into the question of how the massive changes in the global division of labour - characterised above all by outsourcing and offshoring - affect the global economy in general and the European economy in particular.