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, untereinander allerdings engere Bandbreiten einhalten als gegenüber dem Euro. Eine Mitgliedschaft in der Europäischen Währungsunion …-Treaty an accession to the Euro-area will only be possible after two years of successful EMS-membership, i.e. not before 2005 …
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Exchange-rate policies of Central Eastern European Countries (CEEC) have often been a subject matter. Yet, some new insights in terms of political economy considerations upon exchange-rate policy are provided. It is pointed out that it is more appropriate to analyse exchange-rate policy in...
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This paper examines the role of ERM II in the convergence effort of the new Member States, against the background of past convergence experience and in the light of EU rules for economic and monetary policy. Key aspects of the mechanism are analysed, including the appropriate timing and duration...
Persistent link: https://www.econbiz.de/10014080584
, untereinander allerdings engere Bandbreiten einhalten als gegenüber dem Euro. Eine Mitgliedschaft in der Europäischen Währungsunion …-Treaty an accession to the Euro-area will only be possible after two years of successful EMS-membership, i.e. not before 2005. …
Persistent link: https://www.econbiz.de/10010508244
Joining the “Eurozone” – Economic and Monetary Union - is perceived as a very important step in the process of European … connected with joining the “Euro”, such as the Exchange Rate Mechanism, two years of speculation exposure, the Maastricht …
Persistent link: https://www.econbiz.de/10001916006