Promoting prosperity and stability: the EMU anchor in candidate and potential candidate countries

Abstract

This paper analyses the euro as external anchor in the Western Balkans and their process of fiscal consolidation in the context of future EU accession.Promoting wealth and stability: the EMU anchor in candidate and potential candidate countries, Euro as external anchor in the Western Balkans, use of the euro in the Western Balkans, fiscal consolidation in candidate countries, use of the DM and later the euro, use of external anchors and parallel currencies, candidate countries fiscal surveillance procedures, candidate countries fiscal policies, economic affairs of candidate countries and Western Balkans, economic policy related to enlargement