Tag - Euro Exchange Rate Mechanism

FRANKFURT GERMANY - MAY 16 2014: Euro Sign. European Central Bank (ECB) is the central bank for the euro and administers the monetary policy of the Eurozone in Frankfurt Germany.

Analysis

None of emerging Europe’s euro hopefuls meet convergence criteria

Not one of the seven countries legally committed to adopting the euro (Bulgaria, Czechia, Croatia, Hungary, Poland, Romania and Sweden) currently meet all the...