The Maastricht inflation criterion, designed in the early 1990s to bring quot;high-inflationquot; EU countries in line with quot;low-inflationquot; countries prior to the introduction of the euro, poses challenges for both new EU member countries and the European Central Bank. While the...

The Maastricht inflation criterion, designed in the early 1990s to bring high-inflation EU countries in line with low-inflation countries prior to the introduction of the euro, poses challenges for both new EU member countries and the European Central Bank. While the criterion has positively...