EMU criteria shaping economic policies in transition and Mediterranean countries
The article looks at how joining the European Union and adopting the Euro can impact certain countries in Europe and the Mediterranean region. It talks about the rules countries need to follow to join the Eurozone and how they might affect their economic policies. The paper also discusses the need to follow EU laws on things like central banks and capital movement. Overall, joining the Eurozone could lead to changes in exchange rates, capital movement, and economic growth strategies for these countries.