• Anglický jazyk

The Euro - Should Britain join the European Monetary Union?

Autor: Florian Langhammer

Seminar paper from the year 2001 in the subject Economics - Monetary theory and policy, grade: 2,0 (B), Oxford Brookes University (Business School), course: Business Environment of the UK, language: English, abstract: HISTORICAL INTRODUCTION OF THE EMU

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Seminar paper from the year 2001 in the subject Economics - Monetary theory and policy, grade: 2,0 (B), Oxford Brookes University (Business School), course: Business Environment of the UK, language: English, abstract: HISTORICAL INTRODUCTION OF THE EMU

With the Maastricht Treaty the EC heads of state and government agreed on a three-legged "European Union" (EU) on December 9 and 10, 1991, which should include a common foreign and security policy, cooperation on domestic and security policy and the creation of a European Economic and Monetary Union (EEMU).

The European Monetary Union (EMU) is to be effected according to a concrete time schedule - the three-stage plan which was agreed upon in the Maastricht Treaty and the conversion plan which was decided December 1995.

To ensure the stability of a single currency, especially in the initial phase, the states participating in the EMU must satisfy the following convergence criteria as constituted in the Maastricht treaty:

1. Inflation criteria: Price stability with no more than 1.5 percentage points above the inflation rate of the top three member states.
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  • Vydavateľstvo: GRIN Verlag
  • Rok vydania: 2011
  • Formát: Paperback
  • Rozmer: 210 x 148 mm
  • Jazyk: Anglický jazyk
  • ISBN: 9783640861781

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