Why? What are the criteria?esperantisto wrote: Excepting Slovenia and Estonia, the other applicants would have to wait years even before they could join ERM.
O.
What will the next country to get euro?
Moderators: Fons, avij, Phaseolus
-
esperantisto
- Euro-Regular in Training
- Posts: 108
- Joined: Sat Feb 23, 2002 3:17 pm
- Location: Atlanta, Georgia, USA
-
esperantisto
- Euro-Regular in Training
- Posts: 108
- Joined: Sat Feb 23, 2002 3:17 pm
- Location: Atlanta, Georgia, USA
To join the single currency, a country must pass the convergence criteria of the Maastricht Treaty:
1) the annual budget deficit has to be below 3 % of Gross Domestic Product;
2) the total public debt has to be less than 60 % of GDP;
3) inflation rate has to be within 1.5 % of the three EU countries with the lowest rate;
4) long-term interest rates must be within 2 % of the three lowest interest rates in EU; and
5) exchange rates of the currency must be kept within normal fluctuation margins of the European Monetary System for at least two years.
Sweden does not participate in the Exchange Rate Mechanism 2 yet.
1) the annual budget deficit has to be below 3 % of Gross Domestic Product;
2) the total public debt has to be less than 60 % of GDP;
3) inflation rate has to be within 1.5 % of the three EU countries with the lowest rate;
4) long-term interest rates must be within 2 % of the three lowest interest rates in EU; and
5) exchange rates of the currency must be kept within normal fluctuation margins of the European Monetary System for at least two years.
Sweden does not participate in the Exchange Rate Mechanism 2 yet.
-
Tiger
- Euro-Master
- Posts: 1072
- Joined: Wed May 29, 2002 4:18 pm
- Location: Heverlee, at 100m from Leuven, Belgium
- Contact:
HTTP Error 404
404 Not Found
The Web server cannot find the file or script you asked for. Please check the URL to ensure that the path is correct.
Please contact the server's administrator if this problem persists.
404 Not Found
The Web server cannot find the file or script you asked for. Please check the URL to ensure that the path is correct.
Please contact the server's administrator if this problem persists.
Tiger : Dutch, English, French, German
Little Spanish and Italian
Trying Finnish and Japanese
Little Spanish and Italian
Trying Finnish and Japanese
-
Tiger
- Euro-Master
- Posts: 1072
- Joined: Wed May 29, 2002 4:18 pm
- Location: Heverlee, at 100m from Leuven, Belgium
- Contact:
Euh... wtf ?micro wrote:Though young, no time won but ambetanterikskeTiger wrote:och joeng, ge zijt gewoon een ambetanterikske !
Are you trying to translate my sentence ?
Well, so far you have.... 0 words correct
*peuuuuut*
try again !
Tiger : Dutch, English, French, German
Little Spanish and Italian
Trying Finnish and Japanese
Little Spanish and Italian
Trying Finnish and Japanese
