Maastricht criteria

E625503

The Maastricht criteria are the economic and fiscal conditions EU member states must meet to qualify for adopting the euro, including limits on inflation, government deficit, debt, exchange rate stability, and interest rates.

All labels observed (1)

Label Occurrences
Maastricht criteria canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf European Union economic policy instrument ⓘ
economic convergence criteria ⓘ
fiscal convergence criteria ⓘ
adoptedInYear 1992 ⓘ
alsoKnownAs convergence criteria ⓘ
euro convergence criteria ⓘ
appliesDuring pre-euro adoption phase ⓘ
appliesTo European Union member states ⓘ
non-euro area EU member states seeking to adopt the euro ⓘ
assessedBy European Central Bank ⓘ
European Commission ⓘ
assessmentDocument Convergence Report ⓘ
currencyContext euro ⓘ
hasComponent exchange rate stability criterion ⓘ
government budgetary position criterion ⓘ
government debt criterion ⓘ
long-term interest rate criterion ⓘ
price stability criterion ⓘ
hasReferencePeriod several years for inflation and interest rate data ⓘ
usually the previous year for fiscal data ⓘ
influences fiscal policy of EU member states ⓘ
monetary integration in the European Union ⓘ
legalBasis Article 140 of the Treaty on the Functioning of the European Union ⓘ
namedAfter Maastricht ⓘ
notRequiredFor countries already in the euro area for continued membership ⓘ
originatesFrom Treaty of Maastricht ⓘ
partOf Treaty on European Union ⓘ
policyGoal price stability in the euro area ⓘ
sound public finances in the euro area ⓘ
stable exchange rates before euro adoption ⓘ
purpose to determine eligibility to adopt the euro ⓘ
to ensure economic convergence before joining the euro area ⓘ
region European Union ⓘ
relatedTo Economic and Monetary Union ⓘ
Stability and Growth Pact ⓘ
requires exchange rate stability without severe tensions ⓘ
government debt below 60% of GDP or approaching that level sufficiently ⓘ
government deficit below 3% of GDP ⓘ
long-term interest rates close to those of low-inflation member states ⓘ
low inflation rate relative to best-performing EU member states ⓘ
no devaluation of the currency against the euro within the reference period ⓘ
participation in the Exchange Rate Mechanism II ⓘ
setsLimitType comparative benchmarks for inflation and interest rates ⓘ
numerical thresholds for fiscal indicators ⓘ
usedFor deciding on entry into the euro area ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Economic and Monetary Union of the European Union → hasConvergenceCriteria → Maastricht criteria ⓘ
subject linked to: EMU