PRESS RELEASE

Publication of the book on the third ECB central banking conference “The New EU Member States: Convergence and Stability”

30 May 2005

The European Central Bank (ECB) is today publishing a book entitled “The New EU Member States: Convergence and Stability”, containing the proceedings (papers, discussants’ comments and summaries of the general discussions) of the Third ECB Central Banking Conference of the same title, held in Frankfurt am Main on 21 and 22 October 2004. The contributions of leading experts in the field as well as of high-level policy-makers review the development of institutions in the Member States which joined the EU on 1 May 2004, address the potential integration consequences of currency unification and discuss the macroeconomic adjustment necessary to achieve sustainable convergence on the path to Economic and Monetary Union and beyond. The book in particular addresses aspects of monetary integration for the new Member States.

The book can be accessed and downloaded as an e-book from the ECB’s website at http://www.ecb.europa.eu/pub. Hard copies can be obtained by writing to the ECB’s Press and Information Division at the address given below.

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