New EU states and the adoption of the Euro

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Table of Contents Introduction.......3 The Three Phases of Monetary Integration........4 ERM II......... 4 Maastricht Convergence Criteria.........6 Threats and Opportunities for the New States Joining the Euro.......8 Target Dates for Euro Adoption<Tab/>9 The Convergence Issue<Tab/>12 Real vs. Nominal Convergence<Tab/>12 Conclusions<Tab/>13 Bibliography<Tab/>14 Appendix<Tab/>15 <Tab/>5…

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…Maltese Lira (MTL) foreign exchange rate January 1999 to April 2006 Slovenian Tolar (SIT) foreign exchange rate January 1999 to April 2006 Slovak Koruna (SKK) foreign exchange rate January 1999 to April 2006 Lithuanian Litas (LTL) foreign exchange rates January 1999 to April 2006 Estonian Kroon (EEK) foreign exchange rate January 2001 to October 2005 Outside ERM II: Czech Koruna (CZK) foreign exchange rate January 1999 to April 2006 Hungarian Forint (HUF) foreign exchange rate January 1999 to April 2006 Polish Zloty (PLN) foreign exchange rate January 1999 to April 2006