The OeNB’s Euro Survey

OeNB Euro Survey

The Euro in Central, Eastern and Southeastern Europe

A semiannual survey on the use of the euro in Central, Eastern and Southeastern Europe

Euro Survey

 

In Central, Eastern and Southeastern Europe (CESEE), the use of foreign currencies in general, and of the euro in particular, is a widespread phenomenon which has implications on several economic policy fields. Despite its importance, the knowledge and understanding of the various aspects of euroization are still limited.

 

Against this background and in accordance with its CESEE research priority, the OeNB has commissioned a public opinion survey among private persons in CESEE to investigate the role of foreign currency-denominated assets in general and the euro in particular. The OeNB Euro Survey currently covers:

 

• five EU Member States: Bulgaria, Czech Republic, Hungary, Poland and Romania

(Slovakia was included until its introduction of the euro in 2009)

 

• and five (potential) EU candidate countries: Albania, Bosnia and Herzegovina, Croatia, FYR Macedonia and Serbia.

 

The OeNB Euro Survey provides a unique and comprehensive source of information on the extent of and the reasons behind the ownership and use of foreign currency denominated assets – cash and deposits – in the countries covered. The harmonized design of the survey allows for comparisons not only across countries, but also across socio-demographic groups. The microdata obtained provide useful insights into the determinants of euroization phenomenon, thus constituting important input for the academic discussion.

 

The first wave of the survey was conducted in October/November 2007.

Since the, regular survey waves were carried out every six months.

 

If you have questions concerning the OeNB Euro Survey project, please contact the OeNB Hotline, subject OeNB Euro Survey.