The Federal Republic of Germany and EMU

01-04-1998

The Commission's recommendation to the Council is that Germany satisfies the criteria for the introduction of a single currency. The EMI notes in its report that, in order to bring the debt ratio back to 60%, considerable further progress towards consolidation is necessary.

The Commission's recommendation to the Council is that Germany satisfies the criteria for the introduction of a single currency. The EMI notes in its report that, in order to bring the debt ratio back to 60%, considerable further progress towards consolidation is necessary.