convergence criteria

listen to the pronunciation of convergence criteria
الإنجليزية - التركية
yakınsama kriterleri
الإنجليزية - الإنجليزية
Criteria for entering economic and monetary union are: overall price level stability; approximation of long-term interest rates; stable exchange rate; country's budgetary position acceptable with regard to current deficits and debt position (see Discipline in public spending)
The convergence criteria were the five conditions set that countries had to meet if they wanted to take part in full economic and monetary union They were: Inflation - no more than 1 5% above the average inflation rate of the lowest 3 inflation countries in the EU Interest rates - the long-term rate should be no more than 2% above the average of the three countries with the lowest inflation rates Budget deficit - no more than 3% of GDP National debt - no more than 60% of GDP Exchange rates - currency within the normal bands of the ERM with no re-alignments for at least 2 years
Five economic criteria for inclusion in EMU - Inflation Rate, ERM Membership, Long Term Interest Rates, Government Deficit and Debt Stock relative to GDP
convergence criteria

    الواصلة

    con·ver·gence cri·te·ri·a

    التركية النطق

    kınvırcıns kraytîriı

    النطق

    /kənˈvərʤəns krīˈtərēə/ /kənˈvɜrʤəns kraɪˈtɪriːə/
المفضلات