The European Union faces a range of economic challenges and dilemmas in the coming years, both as a result of continued expansion and also because of an increasingly globalised world economy. It has been necessary for the EU to assess and explore a variety of economic policies to deal with these challenges, as well as tackling issues such as Eurozone dynamics and cohesion, labour markets, taxation and fiscal policies. By looking at economic trends in the European Economic and Monetary Union in recent years, we can begin to assess economic performance and to analyse how current issues will affect this performance in future. This book brings together a range of economists to analyse the dual process of deepening and broadening in the EU, and provides a balanced and multifaceted look at recent EU dynamics, as well as looking at current and future issues facing old and new member states. With contributions covering numerous aspects of European economic performance, this book is an essential resource for all academics interested in European economics and EU integration.