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Image header Agence Europe
Europe Daily Bulletin No. 9206
Contents Publication in full By article 15 / 36
GENERAL NEWS / (eu) eu/emu

Strict application of price stability criterion to Lithuania causes stir at Ecofin Council

Luxembourg, 07/06/06 (Agence Europe) - Further to the rejection of its application to join the euro zone, due to a strict application of the inflation criterion of the Stability Pact (see EUROPE 9193), Lithuania raised the question, at the meeting of the Ecofin Council on 7 June, of the methodology used to determine whether this criterion had been respected. The method for choosing the three Member States with the best performances on inflation to determine whether Lithuania is in respect or...

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