Rossi, Sergio - In: International Review of Applied Economics 18 (2004) 4, pp. 443-469
the not too distant future. In fact, many new EU countries would have to make considerable efforts in order to fulfil all … risks implied by participation in the ERM II, this paper suggests an alternative plan for integrating the new EU countries … monetarily. The plan consists in creating a European settlement agent in charge of the final payment of the new EU countries …