European Exchange Rate Mechanism II

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:exchange_rate_system
gptkbp:abbreviation	gptkb:ERM_II
gptkbp:administeredBy	gptkb:European_Parliament gptkb:European_Central_Bank
gptkbp:appliesTo	European Union member states outside the eurozone
gptkbp:centralCurrency	gptkb:euro
gptkbp:introduced	1 January 1999
gptkbp:partOf	gptkb:European_Monetary_System
gptkbp:purpose	prepare EU countries for euro adoption
gptkbp:replacedBy	gptkb:European_Exchange_Rate_Mechanism
gptkbp:requirementForEuro	at least two years of stable participation
gptkbp:requires	euro adoption
gptkbp:standardFluctuationBand	±15%
gptkbp:troopContributingCountries	gptkb:Bulgaria gptkb:Croatia gptkb:Cyprus gptkb:Denmark gptkb:Estonia gptkb:Latvia gptkb:Lithuania gptkb:Malta gptkb:Slovakia gptkb:Slovenia
gptkbp:website	https://ec.europa.eu/info/business-economy-euro/euro-area/introducing-euro/euro-area-expansion/erm-ii_en
gptkbp:bfsParent	gptkb:European_Exchange_Rate_Mechanism
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	European Exchange Rate Mechanism II