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Erschienen in:
1997 | OriginalPaper | Buchkapitel
Compromise Should not Undermine the Credibility of the Euro Currency
verfasst von : Hans Jäckel
Erschienen in: European Monetary Union
Verlag: Springer Berlin Heidelberg
Enthalten in: Professional Book Archive
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By now, there is a general perception of an inherent conflict among the three goals for a common European currency. They are as follows: Sticking to the beginning of 1999 as a start date, the strict fulfillment of the convergence criteria and the large number of participants involved. The question of where to compromise will have to be decided on a political level. It is, however, certainly useful to remember that the three goals have different justifications.