Do not adopt euro too soon, IMF warns newcomers

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Series Details 4.2.04
Publication Date 04/02/2004
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Speaking after a central bankers' conference for new Member States on 2 February 2004, Michael Deppler, Head of the International Monetary Fund's European department, warned that the European Union's new Member States should not rush into joining the single currency and repeat the lack of fiscal preparation made by some of the eurozone's poorer performing countries.

Related Links
http://www.imf.org/external/np/speeches/2004/020204.htm http://www.imf.org/external/np/speeches/2004/020204.htm

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