Also, a reliance on repurchase agreements would probably create less effect on the markets for the collateral asset than the outright purchase and sale of the asset from the Fed's portfolio. However, repurchase agreements would still have some effect on market liquidity and pricing for assets newly used as collateral.
Process of preparing for the euro Two-phased introduction of the euro to Finland After this lively debate Finland joined ERM 1996 and introduced the euro with 10 other member states in 1999. Slovakia and the other new EU countries have also committed themselves to joining the euro area.