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Set of States of the European Union that form a single market and use a single currency
Nino, Virginia, Fontagne, Lionel, De Santis, Roberto, and Taglioni, Daira, “Study on the Impact of the Euro on Trade and Foreign Direct Investment,” European Economic and Monetary Union Working Paper No. 321, May 2008. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1163774 Frankel, Jeffrey, “The Estimated Effects of the Euro on
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The ECRI (Economic Cycle Research Institute) claims papal infallibility on its historical recession predictions. ECB = European Central Bank. EMU = European Economic and Monetary Union The material contained herein is intended as a general market commentary. Opinions expressed herein are those of Michael Cembalest and may differ fr
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