Abstract
By now, there is a general perception of an inherent conflict among the three goals for a common European currency. They are as follows: Sticking to the beginning of 1999 as a start date, the strict fulfillment of the convergence criteria and the large number of participants involved. The question of where to compromise will have to be decided on a political level. It is, however, certainly useful to remember that the three goals have different justifications.
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© 1997 Springer-Verlag Berlin Heidelberg
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Jäckel, H. (1997). Compromise Should not Undermine the Credibility of the Euro Currency. In: Welfens, P.J.J. (eds) European Monetary Union. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-59039-9_13
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DOI: https://doi.org/10.1007/978-3-642-59039-9_13
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-63827-5
Online ISBN: 978-3-642-59039-9
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