Showing posts with label convergence criteria. Show all posts
Showing posts with label convergence criteria. Show all posts

Saturday, 9 March 2013

Maastricht convergence criteria

These are the tests that national economies had to pass in order to be eligible to join the final stage of economic and monetary union - the single currency.

They consist of five criteria, laid out in the Maastricht Treaty:


http://news.bbc.co.uk/1/hi/in_depth/europe/euro-glossary/1216651.stm