However, further structural reforms may prove critical to enhance growth over the longer term and accelerate real convergence. Further economic benefits to be expected from EMU membership Aside from macroeconomic stabilisation and enhanced growth prospects, there are further economic benefits to be expected from the adoption of the euro. 1.
As I mentioned earlier, the adoption of the single currency has further increased economic integration with the European partner countries, which will stimulate trade and investment. Transaction costs and uncertainty are reduced. The euro contributes to a stable environment that is less exposed to exchange-rate fluctuations. These factors will boost investment and trade.