Breuss, Fritz - FIW - 2009
some member states of the Euro area, consisting up to now mostly of old EU member states. Shortly after the EU enlargement … in 2004 and 2007 Cyprus, Malta, Slovakia and Slovenia introduced the Euro. Out of 27 EU member states already 16 … diversion of competitiveness between the new and the old EU member states could, however, evolve into a big problem with respect …