It will also allow Europe to better realise its potential for stronger output and employment growth and increase its resilience to shocks. 2  BIS Review 94/2006  For those Member States that have fulfilled the convergence criteria laid down by the Treaty and participate in the euro area, the considerable benefits of the Internal Market are further enhanced by the single currency.
The issues that led to the outbreak of the recent demonstrations and to the formation of the Trajtenberg Committee are serious ones, and reflect serious problems in Israel’s economy. Many of the issues relate to the high cost of living. Professor Manuel Trajtenberg is an excellent economist, and he is experienced in formulating policy recommendations.