Santini, Jean-Jacques; Longueville, Guy - In: Revue Française d'Économie 9 (1994) 3, pp. 23-52
meat the criteria defined in the Maastricht Treaty, except for the public debt ratio. As a matter of fact, in a majority of …, contrary to the other criterias, because public debt is a stock, this ratio is not likely to be reduced quickly through active … public debt, either because their public debt is already too high in 1994 and would remain at that level, or because the …