PL EN


2005 | 53 | 2 | 129-143
Article title

Exchange Rate Mechanism ERM II

Authors
Title variants
Languages of publication
SK
Abstracts
EN
New member countries, including the Slovak Republic, were given a status of the member state with derogation of accepting the euro. Term of the Euro zone entry will depend on the fulfilment of the Maastricht criteria, including the criterion on exchange rate. This assumes at least two years in the ERM II system. The article explains the basis and rules of functioning the exchange rate mechanism ERM II, requirements for fulfilment of the Maastricht criterion on exchange rate, effects of staying in the ERM II system and the strategy of the entry of new EU-member states into this mechanism. At the end, author discusses the time of the Slovak accession to the ERM II and adoption of the euro.
Contributors
  • V. Gonda, Ustav slovenskej a svetovej ekonomiky SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republik
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
06SKAAAA00741824
YADDA identifier
bwmeta1.element.67b4eff6-fa9e-3950-be60-63c84ab36ead
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