At the end of June, Estonia, Lithuania and Slovenia entered the
ERM2. One week later, 6 of the 10 new member states (NMS) were the
object of an “excessive deficit procedure”. Behind these two
important events, the effective and progressive integration of the
NMS into the economic and monetary Union (EMU) is going forward,
says
MINEFI-DREE's Revue Elargissement.
