10 Results for: (Concept:02775934-a)
SidSentence
61330 The incoming President_Santer will aim to complete the economic and monetary union as well as political union , advocated by the Maastricht_Treaty , but the road ahead will be rocky for the new administration succeeding Mr._Delors , dubbed the " President of Europe , " who has a strong personality and had pushed forward with unification .
61331 The economic and monetary union , which is the highlight of the Maastricht_Treaty , is going nowhere .
61335 According to the Maastricht_Treaty , the member states in the monetary union must meet the given economic indicators including budget deficit , outstanding public debt , inflation rate , but among the EU member states only Luxembourg , with a population of 400,000 , fulfills the conditions for joining the union .
61340 A full review of the Maastricht_Treaty , including the reassessment of the initial setup for the monetary union , is planned in 1996 and maneuvering among member states is expected to intensify around how currency unification is to take place .
61348 Given the wide economic disparity , there is a concern that the hasty accession of Central and Eastern_European countries might create chaos in the monetary union .
61353 To maintain the momentum for monetary union , structural reform will be required .
61749 To keep inflation in check , the Mexican monetary authority developed a foreign exchange policy to maintain the benchmark for the peso to be higher than reality but was met by an aggressive counteroffensive from the market .
61751 In other words , currency turmoil is not a local phenomenon and the monetary authorities must cooperate with each other to tackle it .
61758 Since Japan has excessive savings and abundant foreign reserve , our monetary authority should actively cooperate in this effort .
61764 However , the request for aid from the Mexican government to the Japanese private banks is a matter that should be assessed by the banks themselves from the mid or long-term perspective , and intrusion from the monetary authorities will be undesirable .

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Developers: Luís Morgado da Costa <lmorgado.dacosta@gmail.com> ; Francis Bond <bond@ieee.org>