3 ms·
> Since the convergence criteria requires participation in ERM II for a minimum of two years, and non-eurozone member states are responsible for deciding when t
by thih9 2y ago
> Since the convergence criteria requires participation in ERM II for a minimum of two years, and non-eurozone member states are responsible for deciding when to join ERM II, they can delay their compliance with the criteria by not joining ERM II.
> Denmark has a treaty opt-out from the obligation to join the eurozone even if it complies with all criteria.
https://en.m.wikipedia.org/wiki/Enlargement_of_the_eurozone https://en.m.wikipedia.org/wiki/Enlargement_of_the_eurozone