This paper seeks to understand euro adoption policies in the ten member states that joined the European Union (EU) in 2004. It adopts a domestic politics approach to explain the different policies in the different member states. The paper concludes that the willingness of the government, a weak opposition, a central bank that is favourable to euro adoption and the lack of domestic institutional veto points are necessary conditions for a fast euro adoption.
*Assem Dandashly Maastricht University, Department of Political Science, Po Box 616, Maastricht, The Netherlands, NL-6200 MD (assem.dandashly@maastrichtuniversity.nl); Amy Verdun University of Victoria, Department of Political Science, Po Box 1700 Victoria BC, Canada V8W 2Y2 (averdun@uvic.ca) (author for correspondence). This paper is part of a larger research project funded by a SSHRC grant held by Amy Verdun.