Maastricht criteria

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf set of economic criteria
gptkbp:adoptedBy 1992
gptkbp:alsoKnownAs convergence criteria
gptkbp:appliesTo European Union member states
gptkbp:definedIn gptkb:Treaty_on_European_Union
gptkbp:enforcedBy gptkb:European_Parliament
gptkb:European_Central_Bank
gptkbp:exchangeRateStabilityDetail participation in ERM II for at least two years without severe tensions
https://www.w3.org/2000/01/rdf-schema#label Maastricht criteria
gptkbp:interestRateConvergenceDetail long-term interest rate not more than 2 percentage points above the three best performing EU countries
gptkbp:legalBasis Article 140 of the Treaty on the Functioning of the European Union
gptkbp:priceStabilityDetail inflation rate not more than 1.5 percentage points above the three best performing EU countries
gptkbp:publicDebtDetail government debt not exceeding 60% of GDP or sufficiently diminishing
gptkbp:publicFinancesDetail government deficit not exceeding 3% of GDP
gptkbp:purpose determine eligibility to join the eurozone
gptkbp:relatedTo adoption of the euro
gptkbp:requires price stability
exchange rate stability
convergence of interest rates
sound public finances
sustainable public finances
gptkbp:bfsParent gptkb:Eurozone_sovereign_debt_crisis
gptkb:Stability_and_Growth_Pact
gptkbp:bfsLayer 7