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The Euro Should Britain Join the European Monetary Union Book PDF Summary

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. [...]

Detail Book of The Euro Should Britain Join the European Monetary Union PDF

The Euro   Should Britain Join the European Monetary Union
  • Author : Florian Langhammer
  • Release : 01 March 2011
  • Publisher : GRIN Verlag
  • ISBN : 9783640861781
  • Genre : Uncategoriezed
  • Total Page : 29 pages
  • Language : English
  • PDF File Size : 13,7 Mb

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