Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/104831 
Erscheinungsjahr: 
1996
Schriftenreihe/Nr.: 
Tübinger Diskussionsbeiträge No. 82
Verlag: 
Eberhard Karls Universität Tübingen, Wirtschaftswissenschaftliche Fakultät, Tübingen
Zusammenfassung: 
The European Council selects the EMU participants by a vote with a qualified majority. These voting requirements influence the benefit-cost-considerations of the EU states and may make it necessary to loosen the convergence criteria and/or to grant side payments, in order to achieve the necessary number of votes. However, not even making use of these options can guarantee the realization of a monetary union in every case. For this reason, supporting economic and institutional measures, such as convergence programs and the so-called stability pact, which diminish the binding character of the voting requirements, are of great importance.
Schlagwörter: 
European Monetary Union
voting requirements
convergence
stability concessions
side payments
JEL: 
D71
F33
F36
F42
H87
Dokumentart: 
Working Paper

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