Economics, Econometrics and Finance
2 years ago

Maastricht Treaty criteria spark debate on stability in EMU.

arXiv (Cornell University)
Stability in EMU
Theo Peeters

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The article discusses the ongoing debate surrounding the public debt and deficit limits set by the Maastricht Treaty in the European Monetary Union (EMU). It explores how these criteria have impacted the introduction of the single currency and how they will be applied in the future once the currency is well established.