Blog post

Should the crisis be the trigger for a reshaping of euro-area entry rules?

Publishing date
10 November 2008
blog post

In this column Zsolt Darvas explains how some new EU member states that have not yet adopted the euro have come under much greater pressure during the financial crisis than nations in the euro area. He believes, however, that this does not mean the Maastricht criteria for euro entry ought to be relaxed. New member states suffering in the crisis are paying the price for their policy mistakes.

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