THE NEW EUROPEAN UNION MEMBER STATES' ROAD TO THE EUROZONE (Droga do strefy euro nowych panstw czlonkowskich Unii Europejskiej)

• Authors: Babiak Jerzy
• Languages of publication: PL

Abstracts

EN

Currency union is the next step on the way to a complete European integration. Association Agreements for countries accessing EU structures after 1 May 2004 do not contain the opt-out clause, which is synonymous to the obligation of their acceptance of the common currency. The basic condition of entering the eurozone is meeting the legal requirements and criteria of convergence which define detailed economic conditions. After 2004, euro began to function in Malta, Cyprus, Slovenia and Slovakia, and from 1st January 2011, after meeting all the criteria, Estonia joined the euroland as the seventeenth country. Other countries which are obliged to adopt the euro, Poland included, are at various stages of preparation, but according to data from February 2011 none of them as yet meets the convergence criteria.

Keywords

EN

ASSOCIATION AGREEMENTS; COMMON CURRENCY; CURRENCY UNION; EUROPEAN INTEGRATION

Discipline

• POLITICAL_SCIENCES: POLITICAL SCIENCES

• Publisher: Instytut Zachodni. Instytut Naukowo-Badawczy im. Zygmunta Wojciechowskiego w Poznaniu
• Journal: Przegląd Zachodni
• Year: 2011
• Issue: 3(340)
• Pages: 197-208
• Document type: ARTICLE

Contributors

author

Babiak Jerzy

• Jerzy Babiak, Instytut Zachodni, Instytut Naukowo-Badawczy, 61-854 Poznan, ul. Mostowa 27, Poland

Identifiers

CEJSH db identifier

11PLAAAA100510