Abstract
The introduction of the Euro is not only an important milestone for European integration, but has some important consequences even for Ukraine and other third countries. The EMU creates an economic zone, which is of the same size and potential as that of the USA. It will force structural changes in the financial world. Aside from the positive implications of a common currency, an integrated financial market will be the result, through which it will be possible to generate additional gains in wealth via an efficient allocation mechanism.
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Krause, G. (2001). Effects of the European Monetary Union (EMU) on the Ukrainian Economy. In: Hoffmann, L., Möllers, F. (eds) Ukraine on the Road to Europe. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57598-3_17
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DOI: https://doi.org/10.1007/978-3-642-57598-3_17
Publisher Name: Physica, Heidelberg
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