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La Croazia entra nella zona euro

In sintesi 29-06-2022

Il 1º gennaio 2023 la Croazia diventerà il 20º paese ad aderire alla zona euro e ad adottare la moneta comune. Da due valutazioni indipendenti, effettuate dalla Commissione europea e dalla Banca centrale europea (BCE), è emerso che la Croazia soddisfa i requisiti per l'adesione alla zona euro. Tuttavia permangono alcune sfide significative affinché la Croazia possa mantenere un percorso di convergenza sostenibile a medio termine.

Almost 30 years ago, the Maastricht Treaty laid the basis for economic and monetary union (EMU). Its fiscal provisions have been further developed by subsequent primary and secondary legislation – in particular, the Stability and Growth Pact with its preventive and corrective arms, and the Treaty on Stability, Coordination and Governance in EMU. These instruments together constitute the fiscal framework of the European Union. In early 2020, the European Commission launched a review of the EU's economic ...

The European Pillar of Social Rights should serve as a 'compass for a renewed process of convergence towards better working and living conditions in the EU Member States'. Convergence of policies, regimes and outcomes happens either by 'growing together' or 'catching up'. There is, however, no consensus in the literature concerning the effect of European integration on welfare states. It is also difficult to discern whether European policy or the extent of its domestic implementation led to a certain ...

This briefing was prepared to provide information for the visit to Romania’s North-West (Nord-Vest) Region (Cluj-Napoca and Turda) of 18 to 20 September 2017 by a delegation of the European Parliament’s Committee on Regional Development.

The euro area and the European Union have been overhauling their economic governance systems since the 2008-09 financial crisis and the subsequent economic slump. Reforms have included the creation of authorities to better supervise the financial markets, improved mechanisms to coordinate fiscal policies, and new procedures to correct economic imbalances. Important steps have been taken to create a Banking Union. But as immediate threats to the stability of the euro area have subsided, the pace of ...

Adopting the single currency is the third stage of Economic and Monetary Union (EMU). Even though all Member States participate in EMU, not all of them use the euro: the United Kingdom and Denmark have opted out, while Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania and Sweden are yet to adopt it, being formally obliged to do so under the Maastricht Treaty. Before this happens, they need to fulfil the convergence criteria of price stability, soundness and sustainability of public ...

After Latvia joined the euro area earlier this year, Lithuania should be the next EU country to adopt the single currency. Following consultation of the European Parliament, in July the Council is expected to decide on the European Commission's proposal that Lithuania become the 19th member of the euro area on 1 January 2015.

This paper summarizes the economic situation relevant for euro adoption in Lithuania.

Within a decade, the number of EU Member States should have nearly doubled. An important consequent issue is how quickly the new countries will also be able to become part of the Euro area. This study examines in detail, wihtin the context of the enlargement timetable, the economic outlook for the twelve existing applicants, and assesses how far they will be able to meet the Maastricht convergence criteria. It also looks at possible strategies for preparing the way to EMU membership ¿ including ...