Slovenia Euro-apt says Commission, Lithuania rejected

[Ecthy]

Old article at BBC: http://news.bbc.co.uk/2/hi/business/4985948.stm

New article at SpOn: http://www.spiegel.de/wirtschaft/0,1518,416486,00.html

The Commission recommended that Slovenia introduce the Euro by January 1, 2007.

Translated by Ec
Slovenia has reached a high degree of economic convergence with other member states and fulfills the criteria for an introduction of the Euro

Lithuania suffers too high inflation, says the Commission. The rejection of Lithuania is a precedent for strict application of the Maastricht criteria.

Discuss.

[Gangerolf]

what about the rest

like polska and ceska and magyarorzadfdg

[Wernazuma III]

IIRC, only Slovenia and Lithuania were applying for introducing the Euro in 07. The others probably knew they wouldn't fulfill the criteria.

Anyhow: Slovenia

[Ecthy]

Magyarorszag? Far from there.

[Ecthy]

When will Austria join the civilized world, anyway?

[Colonâ„¢]

Saras will love this.

[Gangerolf]

What's the inflation in Lithuania anyway? Stupid articles. I read somewhere recently that the inflation in Latvia is 5.9%

[Ecthy]

Originally posted by Gangerolf
Stupid articles.

I hate journalists.

Science

Social sciences

Economics

Journalism

BBC

[Colonâ„¢]

Originally posted by Gangerolf
What's the inflation in Lithuania anyway? Stupid articles. I read somewhere recently that the inflation in Latvia is 5.9%

http://epp.eurostat.cec.eu.int/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2006/PGE_CAT_PREREL_YEAR_2006_MONTH_04/2-20042006-EN-AP.PDF

[Dinner]

It's funny how the big dogs tell the little ones they have to follow the Maastricht criteria but then the big guys ignore the Maastricht criteria when ever they themselves feel like it.

[Ecthy]

Oerdin, do you know what the Maastricht criteria are?

[Gangerolf]

EU Observer

But Lithuania has an inflation of 2.63 percent, while the EU benchmark is 2.6 percent.

http://euobserver.com/9/21604

[Ecthy]

It doesn't seem insanely high, at least I'd say anything below 5% annually should be fine.

[Ecthy]

Originally posted by Oerdin
It's funny how the big dogs tell the little ones they have to follow the Maastricht criteria but then the big guys ignore the Maastricht criteria when ever they themselves feel like it.

How's this funny anyway? It is what makes us the big dogs and them the little ones

[Wernazuma III]

Originally posted by Ecthy
When will Austria join the civilized world, anyway?

Your cheap-loan workers in our Alpine tourism ressorts are doing their best to spread their leg... civilization.
The xenophobic FPÖ is thinking to change their slogan from "Vienna must not become Istanbul" to "Vienna must not become Pommern".