The paper is primarily concerned with identifying the recent macroeconomic performance of there Central European economies -Czech Republic, Hungary and Poland identifying some of the major reform measures which have been implemented as well as some of the major difficulties which each of them is...

The European Union has recently launched the overall enlargement process with the ten Central and East European countries (CEEC) and with Cyprus. Bilateral intergovernmental conferences will soon be convened to begin negotiations with Hungary, Poland, Estonia, the Czech Republic, Slovenia, and...

This paper examines the likely impact of Capital Adequacy Directive (CAD) on European Securities markets, focusing in particular on the competitive consequences for institutions engaged in the trading of equity securities.

The present communication intends to provide a comprehensive assessment of the impact of the changeover to the Euro at the Community level andthe resulting affect on Member States. It reflects the outcome of preparatory work within the Commission , involving each of its services, and of contacts...

These texts are an addendum to the texts originally published as Europaper No 7 "Compilation of community legislation and related documents", and should be read in conjunction with that work. A definitive version of the compilation will be published later in the year.

As from 1 January 1999, the competence for monetary policy, exchange rate policy and currency law for the Member States which adopt the single currency will be transferred to Community level. The monetary policy of the Euro area will be defined and implemented by the European System of Central...

The paper discusses the impact of EMU on the 12 Mediterranean partner countries. It argues that the introduction of the euro is likely to have a positive, albeit limited, impact on the region. The Mediterranean partners will benefit from a more predictable and transparent external environment...

For a long time, European integration has only occasionally and intermitently affected domestic politica, and onbly in few countries. The near future is likely to see the growing impact of this process on forms of political representation and patterns of competition, and on national political...