Europe must relax its inflation test for euro entrants

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Series Details 4.5.06
Publication Date 04/05/2006
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Commentary feature argues that the European Union should not be overly rigid in interpreting the Maastricht criteria when considering the candidature of Estonia, Slovenia, Slovakia, Latvia and Lithuania for eurozone membership.

Willem Buiter is Professor of European Political Economy at the London School of Economics' European Institute; Anne Sibert is Professor of Economics at Birkbeck College, University of London.

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