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Exchange Rate Arrangements Prior to Euro Adoption
monetary integration euro adoption convergence criteria ERM II
2009/7/17
This paper discusses the exchange rate policies in the three stages of the euro adoption process. In the first stage, i.e., after EU accession but before ERM II entry, the exchange rate becomes a mat...
Monetary Policy Strategies before Euro Adoption: The Art of Chasing Many Rabbits
Monetary policy euro adoption ERM II EU
2009/7/17
This policy paper deals with the main strategic issues for monetary policy in new EU member states before their euro adoption. These are typically rooted in the challenge of fulfilling concurrently o...
