How to get in? Euro area entry criteria in books and in action

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F21%3A10429864" target="_blank" >RIV/00216208:11220/21:10429864 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=nF~HJ9uUbu" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=nF~HJ9uUbu</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
How to get in? Euro area entry criteria in books and in action
Original language description
The article analyses the current euro area entry criteria with a special emphasis on their development resulting from the approach towards Bulgaria and Croatia on their way to the euro. Firstly, it is demonstrated that the convergence criteria set out in Article 140 TFEU have been amended over time by the Commission and the ECB in the process of examining the preparedness of Member States with a derogation. Secondly, the entry criteria have been extended in the course of the post-crisis EMU reform, inter alia through several intergovernmental agreements. Finally, the entry criteria have been substantially broadened recently, as the accession of Bulgaria and Croatia to the Exchange Rate Mechanism II has been made conditional on the fulfilment of many other requirements including joining the Banking Union. The article presents the full scope of the euro area entry criteria and identifies legal issues of their extension taking place without due Treaty amendment.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50501 - Law

Publication year
2021
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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