BRIEF EVALUATION ON THE PROCESS OF ACCOMPLISHING THE INFLATION CRITERION IN THE EU NEW MEMBER STATES

Adina Criste

Studii Financiare (Financial Studies), 2010, vol. 14, issue 4, 150-159

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.

Keywords: inflation criterion; economic recession; adopting the euro; new member states (search for similar items in EconPapers)
JEL-codes: E02 E31 E32 F15 O52 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:14:y:2010:i:4:p:150-159

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