Sweden's Srejber on monetary union

In the speech 'Frameworks and stabilisation policy in a monetary union' given on 17 August Eva Srejber of the Sveriges Riksbank said when discussing whether or not to join or form a monetary union, concerns are usually expressed that the countries in the union at some point will have different needs in terms of stabilisation policy.

"Consequently, this then casts doubts on the appropriateness of a common, supranational monetary policy. If one country experiences rapid growth while the

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