Foreword; D. Siniscalco. Europe between East and South; Introductory Remarks; S. Lombardini. EC Enlargement to Eastern Europe: Community and National Incentives and Sectoral Resistances; L. De Benedictis, P.C. Padoan. Creation of Financial Markets in (previously) Centrally Planned Economies; D. Checchi. Problems and Perspectives of East--West Economic Relations; L. Hoffmann. Exchange Rates, Inflation and Purchasing Power Parity in Eastern Europe; W.W. Charemza. Clearing, Specialisation and Money: the Finnish Perspective on Trading with the USSR; P. Sutela. Interdependence between East, West and South; C.J. Jepma. International Migratory Movements: the German Experience; W. Franz. The Interdependence between Environment and Development: the Mediterranean Sea Case; I. Musu. The Alps in the Economic and Ecological Systems of Europe; R. Zoboli. Europe between East and South: New Perspectives and New Problems. Final Remarks; P. Maillet.