Two Roads to the Euro: The Monetary Experiences of Austria and Greece
作者： George S. Tavlas , Oesterreichische Nationalbank , Eduard Hochreiter
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摘要: Austria joined the EU in 1995, though it had sustained an informal monetary union with Germany for many prior years, and adopted euro 1999. In contrast, Greece acceded to 1981 but, economic reasons, could not introduce until 2001. this paper we analyze compare differing paths EMU of these two members area. We view their strategies as “corner cases” adoption euro. Against background impending accession ten more countries EU, try shed light on current debate about optimal path participation ERM by new members.
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