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Showing 1 - 5 of 5 results for "Maastricht criteria"

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... single-currency grouping. After all, the virus doesn't distinguish whether or not a member country has breached the Maastricht criteria limit of 3% deficit to GDP ratio and 60% debt to GDP.

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... 1999). Most likely, the Greeks submitted the 1999 metrics. But even then, the numbers didn't qualify for the Maastricht criteria that caps government deficits to 3.0% and debts to 60% of GDP. Issing's explanation? "...the currency bloc's leaders have ...

European authorities will blink

BENJAMIN ONG  |  TUESDAY, 21 JUN 2011
... despite failing the terms of the Maastricht Treaty (the growth and stability pact that governs euro entry). The Maastricht criteria mandated that Eurozone member countries must not have a public deficit greater than 3 per cent of GDP and debt of more ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
... Unemployment rate: 10.7 per cent Budget deficit as a percentage of GDP: minus3.7 per cent (close to the mandated Maastricht criteria of 3.0 per cent) Debt as a percentage of GDP: 103.4 per cent (Maastricht criteria set at 60 per cent). Greece through ...

From Slovakia with love

MARK STORY  |  FRIDAY, 11 APR 2008
... Maastricht fiscal criterion for euro currency adoption. At face value, Slovakia looks to have met the necessary Maastricht criteria. But while soaring foreign investment (on the back of lower taxes) and strong growth has helped to cut the budget deficit ...
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