Euro Area Reform Preferences of Central and Eastern European Economic Experts

Sebastian Blesse, Annika Havlik and Friedrich Heinemann

No 37, EconPol Working Paper from ifo Institute - Leibniz Institute for Economic Research at the University of Munich

Abstract: This study explores the positions of economic experts from Central and Eastern European (CEE) Member States in the euro reform debate. Given the dominant voices from French and German politicians and acacemics in the European discourse, there is an obvious neglect for the positions of CEE countries. Our study tries to fill this gap with a large survey among economic expert communities in all CEE countries conducted in spring 2019. We compare euro reform preferences to benchmarks of surveyed experts in France, Germany, and Italy. We discuss implications for the ongoing euro area reform with a particular focus on several non-euro members’ growing reluctance to introduce the common currency. We argue that only a balanced reform package that combines solidarity with debt self-responsibility could foster the euro’s appeal in the CEE region.

Date: 2019
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Journal Article: Euro area reform preferences of Central and Eastern European economic experts (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:econwp:_37

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