candidate countries from the EBRD's region of operations will become EU members by early 2004, in time to participate in the EU … become contingent on the success of internal reforms in the EU. Inadequate reforms of European institutions may also pose … obstacles to successful EU candidates that wish to join European Monetary Union (EMU) at an early date. The body making monetary …

10 countries from Central and Eastern Europe (CEEC) that will join the EU in 2004/7 the banking system is now dominated …