The Euro Changeover in the New Member States - A Preview - Focus on European Economic Integration 1/2005

نویسنده

  • Thomas Gruber
چکیده

changeover in the new Member States. In doing so, it draws on the experiences of those 12 countries that have already introduced the single European currency, with a specific focus on the case of Austria. This experience can be a useful signpost for new Member States, even though their starting conditions differ because the euro already exists and most of the countries in question are on a catching-up route. The paper makes reference to the two main dimensions of the process, namely the noncash and cash changeover. The study stresses the crucial importance of timely preparations and well-devised information for ensuring a smooth changeover. In conclusion, the paper expresses confidence that the new Member States will manage the changeover process successfully when the time has come.

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تاریخ انتشار 2005