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Brief Evaluation On The Process Of Accomplishing The Inflation Criterion In The Eu New Member States

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  • Criste, Adina

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

Abstract

The paper presents briefly the evolution of inflation over the period August 2008 - November 2010 for the new member states (NMS) of the EU, which are on the waiting list to adopt the Euro (in a random order, they are Bulgaria, Czech Republic, Estonia, Latvia, Lithuania, Hungary, Poland and Romania). The analysis of the process of accomplishing the nominal criterion of inflation also refers to some criticisms regarding the way in which the reference value for inflation is calculated, because the European authorities (European Commission, and European Central Bank) also used negative values for the calculation of this indicator.

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File URL: ftp://www.ipe.ro/RePEc/vls/vls_pdf/vol14i4p150-159.pdf
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Bibliographic Info

Article provided by Centre of Financial and Monetary Research "Victor Slavescu" in its journal Studii Financiare (Financial Studies).

Volume (Year): 14 (2010)
Issue (Month): 4 ()
Pages: 150-159

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Handle: RePEc:vls:finstu:v:14:y:2010:i:4:p:150-159

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Keywords: inflation criterion; economic recession; adopting the euro; new member states;

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