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The rules aren't "unenforced". Sweden, and the other non-eurozone countries without an opt-out, are complying with the rules. There's no rule requiring the EU m
by purple_elephant 3y ago
The rules aren't "unenforced". Sweden, and the other non-eurozone countries without an opt-out, are complying with the rules. There's no rule requiring the EU members to meet the convergence criteria.
Instead of accussing me of lying, you could've just looked up the relevant treaties.
Here's an abridged summary: https://economy-finance.ec.europa.eu/euro/enlargement-euro-area/who-can-join-and-when_en https://economy-finance.ec.europa.eu/euro/enlargement-euro-a...
And this is about ERM II, it explicitly says that it's voluntary: https://economy-finance.ec.europa.eu/euro/enlargement-euro-area/adoption-fixed-euro-conversion-rate/erm-ii-eus-exchange-rate-mechanism_en https://economy-finance.ec.europa.eu/euro/enlargement-euro-a...
The full treaty on European Union is here: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:12012E/TXT https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CEL...