ECB calls for real convergence from candidate countries
Vice-president of the European Central Bank, Christian Noyer, has warned that trying to qualify for eurozone membership could hurt the candidate countries' economies. He has warned that suppressing inflation too quickly may stifle the growth of real income in Central and Eastern Europe.
Vice-president of the European Central Bank, Christian Noyer, has warned that trying to qualify for eurozone membership could hurt the candidate countries‘ economies. He has warned that suppressing inflation too quickly may stifle the growth of real income in Central and Eastern Europe.
