Fahrholz, Christian H. - In: Journal of Theoretical Politics 19 (2007) 2, pp. 193-214
The Exchange-Rate Mechanism II (ERM II) is a Maastricht convergence criterion with which Central and Eastern European Countries (CEECs) must comply before they are admitted to the European Monetary Union (EMU). However, EMU accession is not a ‘free lunch’ as it entails so-called...