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20. The whole thing was decided in the Maastricht Treaty. The first 10 years were the "convergence to the Euro" (convergence to low inflation, low interest rates, and low deficit, already).

tens of millions of people stand to see their lives ruined because the bureaucrats at the ECB don't understand introductory economics -- Dean Baker
by Migeru (migeru at eurotrib dot com) on Mon Dec 12th, 2011 at 09:22:06 AM EST
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