Maastricht indicators
The Maastricht Treaty stipulated a number of convergence
criteria (Maastricht criteria). Under these criteria, member states
may only enter the European Economic and Monetary Union if they satisfy
the Maastricht fiscal and monetary criteria.
The Maastricht fiscal criteria to be met are as follows:
- The ratio of
the government deficit to gross domestic product (GDP) must not exceed
3%.
- The ratio of
government debt to GDP must not exceed 60%.
The Maastricht monetary criteria to be met are as
follows:
- The national
inflation rate must be no more than 1.5 percentage points higher than
the rate of the three best-performing EU member states.
- The long-term
interest rate must not be more than 2 percentage points higher than
the rate of the three best-performing EU member states.
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Last Changed 30.12.2020