Germany: Bundesbank Monthly Report: Economic and monetary policy cooperation between the EU and the acceding countries following the signature of the accession treaty

The signature of the EU accession treaty has lent added significance to preparations for full EU membership, including those concerning European economic and monetary union. Hence cooperation will be further intensified in this last pre-accession stage and the acceding countries will have observer status at the meetings of the Union's bodies, including those of the European System of Central Banks (ESCB)

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