EU enlargement may increase euro liquidity

Ten countries -- Hungary, Poland, Czech Republic, Slovakia, Slovenia, Estonia, Latvia, Lithuania, Malta and Cyprus -- are set to join the EU in 2004. The size of the eurozone market will be increased by 40%.

"As the countries integrate, we should see a deeper and more liquid market," said Kamal Sharma, currency strategist at Commerzbank in London. "From a trade perspective, the market will be more fluid."

At present, trading in the currencies of the ascension countries accounts for 0.2%, or $5

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: