Papazoglou, Christos; Sideris, Dimitrios; Tsagklas, Orestis - 2022
, Lithuania and Latvia). It shows that, before the crisis of 2008, the Baltic countries did converge on the euro area and met the … criteria are not fulfilled ex ante, a strand of the literature argues that monetary integration itself will tend to promote the … changes required so that the criteria hold ex post. This paper focuses on the case of the three Baltic countries (Estonia …