Seminar Volumes

Euro Adoption in Central and Eastern Europe: Opportunities and Challenges

By Susan M Schadler

April 18, 2005

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Susan M Schadler. Euro Adoption in Central and Eastern Europe: Opportunities and Challenges, (USA: International Monetary Fund, 2005) accessed December 22, 2024, https://doi.org/10.5089/9781589063709.072

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Summary

Eight central and eastern European countries--the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovak Republic, and Slovenia--officially joined the European Union (EU) in May 2004. This auspicious milestone marked the beginning of the next major step for these countries in their move toward full integration with the EU-adoption of the euro. Seeking to consider the opportunities and challenges of euro adoption, the papers in this volume--by a noted group of country officials, academics, representatives of international institutions, and market participants-offer insight on the various dimensions of euro adoption in these eight new EU members--how they should prepare, whether an early move is optimal, and what pitfalls may occur along the way.

Subject: Economic integration, Exchange rate arrangements, Exchange rate stability, Exchange rates, Foreign exchange, Inflation, Monetary unions, Prices

Keywords: Acceding country, Baltics, CEE country, Central and Eastern Europe, Country, ECB paper, EMU economy, ERM II, Euro, Europe, Exchange rate, Exchange rate arrangements, Exchange rate stability, Exchange rates, Global, Inflation, Monetary unions, SEM, Western Europe

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