scholarly journals Catching-Up, Inflation Differentials and Credit Booms in a Heterogeneous Monetary Union: Some Implications for Emu and New EU Member States

2006 ◽  
Author(s):  
Ronald R. MacDonald ◽  
Cezary Wojcik
Keyword(s):  
Monetary Union ◽  
Member States ◽  
Credit Booms ◽  
Eu Member States ◽  
Catching Up ◽  
Inflation Differentials ◽  
New Eu Member States

Vocational Education in the New EU Member States

2007 ◽  
Author(s):  
Mary Canning ◽  
Martin Godfrey ◽  
Dorota Holzer-Zelazewska
Keyword(s):  
Vocational Education ◽  
Member States ◽  
Eu Member States ◽  
New Eu Member States

Trends in the European Monetary Union. An Overview

2021 ◽  
pp. 097215092110161
Author(s):  
Papageorgiou Christos ◽  
Anastasiou Athanasios ◽  
Liargovas Panagiotis
Keyword(s):  
Monetary Union ◽  
European Monetary Union ◽  
Inflation Rate ◽  
European Monetary ◽  
Member States ◽  
Eu Member States ◽  
Average Value ◽  
General Government ◽  
Government Deficit ◽  
The Mean

Four indicators corresponding to the four targets of the European Monetary Union were calculated. The study showed that: (a) concerning the deviation of state’s general government deficit/surplus from 3% of gross domestic product (GDP), all member states had reached their target, with the exception of Cyprus, which was slightly under the target, (b) concerning the deviation of state’s general government debt from 60% of GDP, half of all European Union (EU) member states did not reach their targets, and there was a lot to be done, especially from the EU15 member states, (c) concerning the deviation of state’s inflation rate from the mean of the three states with best results of +1.5%, it was observed that the average value of EU28 member states had reached the final target, mainly due to the performances of the EU15 member states, (d) and concerning the deviation of state’s interest rate from the mean of the three states with the best results of +2%, it was observed that the average value of EU28 member states had reached the final target.

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