In: IMF Staff Country Reports v.Country Report No. 15/98
Cover Page -- Title Page -- Copyright Page -- Contents -- Boxes -- Figures -- Appendices -- Boxes -- Table -- Appendix -- Figures -- Tables -- Appendices -- Box -- Figures -- Tables -- Annex -- A. European Integration and Euro Adoption -- B. Advantages from Adopting the Euro -- 1. Euro Premium, 2001-13 -- C. Advantages from Preserving Monetary Policy Autonomy and Exchange Rate Flexibility -- 2. New Member States: Monetary Policy, 2003-07 -- 3. New Member States: Monetary Policy, 2008-14 -- D. The Impact of Euro Adoption on Macroeconomic Policy Frameworks -- E. Conclusions -- 1. The 2004 IMF Study, and New Evidence on its Main Findings -- 2. New Member States, Euro Adoption, and the Theory of Optimal Currency Areas -- 3. Economic and Price Convergence in Emerging Europe -- I. Estimating the Euro Premium -- II. The Index of Monetary Conditions -- III. Model-Based Inflation Variance Decomposition -- References -- Euro Adoption-Macroeconomic Benefits and Challenges -- A. Why Did Europe Need a Banking Union? -- B. Banking Union Modalities and What an Early "Opt-In" Entails -- C. Banking Union Opt-In: Pros and Cons for Non-Euro EU Countries -- 1. Benefits and Costs of Joining Banking Union for Non-Euro Area Countries -- D. Conclusions -- 1. Key Elements of the Euro Area Banking Union -- 2. The SSM Modalities -- 3. The SRM Modalities -- 4. Macroprudential Policy Space for BU members -- 5. Theoretical Considerations in Designing an Optiomal Banking Union -- 6. Cross-Country Differences in Policymakers Relative Preference for Promoting Domestic Banks -- I. Largeset Banks in NMS-6 and their Ultimate Owners -- References -- Opting into the Banking Union Before Euro Adoption -- A. Public Pension Systems in New Member States: The Broad Picture -- 1. Selected European Countries: Key Demographic Data -- 1. Pension Spending Projections
In: IMF Staff Country Reports v.Country Report No. 15/97
4. Benefits and Costs of Joining Banking Union for Non-Euro Area Countries3. A Simplified Taxonomy of Benefits and Costs of Joining Banking Union for Non-Euro Area Countries; 5. How Do NMS-6 See Potential Benefits and Drawbacks of Early Opt-in the BU?; 6. EU Services Directive: Reduction in Barrier
In: IMF Staff Country Reports v.Country Report No. 15/97
KEY ISSUES 2014 marked the tenth anniversary of accession to the EU of the first group of Central and Eastern European (CEE) countries. The first NMS Policy Forum was launched in the fall of 2014 as a platform for discussing policy frameworks and issues relevant for non-euro area NMS. It brought together representatives of the six CEE countries that are EU members but are not yet in the euro area - Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania (NMS-6), as well as the ECB, the European Commission and the IMF. Discussions focused on four themes: Euro adoption: A once sizeable c
In: IMF Staff Country Reports v.Country Report No. 15/97
KEY ISSUES 2014 marked the tenth anniversary of accession to the EU of the first group of Central and Eastern European (CEE) countries. The first NMS Policy Forum was launched in the fall of 2014 as a platform for discussing policy frameworks and issues relevant for non-euro area NMS. It brought together representatives of the six CEE countries that are EU members but are not yet in the euro area - Bulgaria, Croatia, Czech Republic, Hungary, Poland, and Romania (NMS-6), as well as the ECB, the European Commission and the IMF. Discussions focused on four themes: Euro adoption: A once sizeable c
Problem melden