Shame it's a total failure, convergence didn't happen, divergence has. 15 countries currently don't meet one or both of the criteria of max 60% debt to GDP and max 3% deficits, the two notable ones being Italy and France. Bernard Connolly's book The Rotten Heart of Europe predicted the problems but it's a poltical currency as admitted to in 2002 by Romano Prodi.and who subsequently said that the growth and stability pact was 'stupid'
The series is so helpful! Thanks a lot! Is there a transcript available?
Excellent series! It's very clearly explained. Thank you very much and look forward to the next expisodes!
amazing series. and very helpful for exams preparation for an European studies student
Thank you. Amazing series
Thank you so very much!!
Love the whole series! Thank you so much.
Very well explained.
Shame it's a total failure, convergence didn't happen, divergence has. 15 countries currently don't meet one or both of the criteria of max 60% debt to GDP and max 3% deficits, the two notable ones being Italy and France. Bernard Connolly's book The Rotten Heart of Europe predicted the problems but it's a poltical currency as admitted to in 2002 by Romano Prodi.and who subsequently said that the growth and stability pact was 'stupid'