Michelis, Leo; Koukouritakis, Minoas - In: Journal of Economic Integration 22 (2007), pp. 156-180
This paper investigates empirically the extent to which the ten new EU countries are ready to join the European … common trends analysis of the nominal convergence criteria as well as on real exchange rates and real per capita GDPs. The … empirical results indicate that the new EU countries are partially ready to join the eurozone, and need further adjustments in …