No Rush: Germany’s Attitude towards the Enlargement of the Euro Area
No Rush: Germany’s Attitude towards the Enlargement of the Euro Area

Author(s): Sebastian Płóciennik
Subject(s): Politics, International relations/trade, EU-Accession / EU-DEvelopment
Published by: PISM Polski Instytut Spraw Międzynarodowych
Summary/Abstract: Germany is cautious about boosting the eurozone enlargement process, pointing to economic weakness or a lack of political will on the part of the candidates. A more important reason, however, may be the intention to complete the reforms of the currency area - not easily reconciled with enlargement. Germany’s calculations are also influenced by the belief that after Brexit, the division of the EU into the euro area and countries sceptical about deepening integration ceases to be significant politically.

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