Talk:Convergence criteria

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Contents 1 Non EU Countries 2 No date or methodology 3 similar table on other article 4 External link does not work any more 5 Slovenia? 6 Montenegro 7 Revised 8 Kosovo and Montenegro???

[edit] Non EU Countries

Figures for non-EU countries have not been approved by the European Central Bank so are invalid. —Preceding unsigned comment added by 91.153.23.32 (talk) 10:22, 20 December 2007 (UTC)

Convergence critera are assessed by the European Central Bank who only certify Member States. The figures that were listed here for some arbitrary non-member states were unverifiable speculation Zeth (talk) 10:35, 20 December 2007 (UTC)

[edit] No date or methodology

The table does not indicate for which date (year) the relevant data is presented. Also, there is no explanation on methodology. For example, does inflation figure mean inflation at the end of the year (which year?) or the average for the period (which period?). Similarly, is govt. debt just internal or both external and internal?

[edit] similar table on other article

There is a similar table on the Eurozone article. The table at the Eurozone article is direct-copy of a EU pdf file. Both table have their positive and negative sides (this here focuses more on the convergence/financical criteria and the Eurozone-one focuses more on administrative and other preparations), so we should keep them both (or combine them), but this should be in one single place...

[edit] External link does not work any more

The link should be renewed.

[edit] Slovenia?

I did not see Slovenia on the list. —The preceding unsigned comment was added by 134.113.195.75 (talk) 21:42, 16 January 2007 (UTC).

Obviously countries using the euro as currency aren't mentioned. Slovenia got the euro on 2007-01-01. (58.188.97.134 09:31, 25 January 2007 (UTC))

[edit] Montenegro

This page states that Montenegro unilaterally adopted ERM II. This is wrong; Montenegro unilaterally adopted the euro currency, not the euro exchange rate mechanism. Montenegro doesn't have a currency that is part of ERM II, so the ERM II criterion isn't fullfilled. (58.188.97.134 09:34, 25 January 2007 (UTC))

[edit] Revised

I think the page should be revised and updated every so often. Right now, Cyprus and Malta are asking to become the new members of the eurozone. According to this table, that would be impossible. If the countries know that they do not fulfill the criteria, they wouldn't be asking for merbership.

The latest data from the Maltese Statistics Office show that in 2006 (the year it will be examined on) Malta had a government budget deficit of 2.6%, ie below the Maastricht deficit criterion, and gross government debt going down to 66% from 72%, ie satisfying the Maastricht debt criterion. The latest inflation data also show the 12-month moving average at 2.1%, ie below the reference level for the inflation criterion. Furthermore, on 2 May 2007, Malta would have been in the ERM II for two years, thus satisfying the exchange rate criterion.

I have updated the table with the values from the convergence report published on 2007-05-16. Unfortunately, only reference values and values for Malta and Cyprus were included in that report; all other values remain unedited. (Stefan2 23:34, 16 May 2007 (UTC))

[edit] Kosovo and Montenegro???

What are these countries looking in the table? They are not even the members of any ERM. Are they of any relevance to convergence criteria??? turezky (talk) 23:36, 13 April 2008 (UTC)turezky