
No softening of EU rules for euro bidders
European Union governments won't relax inflation criteria for countries seeking to adopt the euro, finance ministers said Tuesday 10 October.
Bending the rules is ``not acceptable with a view to the credibility and stability of the euro,'' German Finance Minister Peer Steinbrueck said at a press conference after an EU meeting in Luxembourg on Tuesday.
Pressure has been mounting on EU leaders to loosen the rules since June, when they rejected Lithuania's bid to join the euro until the government
More on Economics
Latest issue
Most read
- A route to economic growth – The Belt and Road Initiative 2018 survey
- After the Congress – Interpreting China’s new development concept
- ECB will ‘accelerate efforts’ to tackle staff concerns after second survey
- Asian Infrastructure Investment Bank – Raising expectations
- Do not discount central bank digital currency yet – Lagarde
Back to Top