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  1. 1 Ekonomický časopis (Journal of Economics)

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  1. 1 Iša J.

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  1. 1 2005

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RIZIKÁ EURÓPSKEJ MENOVEJ ÚNIE

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Iša J.
Ekonomický časopis (Journal of Economics)
|
2005
|
vol. 53
|
issue 6
559-575
EN
This article presents the idea that euro area is an 'immature' monetary union, which is far from optimum currency area. The 'immaturity' of the European Monetary Union - EMU which is associated with its heterogeneous asymmetric economic structure, can be deepened along with its further enlargement. Single monetary policy does not satisfy various interests of all EMU members.
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