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**How can countries apply to the European Union?**





There are 2 majors processes to follow: 
 * To participate to the exchange rate mechanism (at least two years of fixed exchange rate with the national currency and the €uro)
 * To respect the convergences criteria:
 * a limited inflation rate (not more than 1.5% of the 3 best countries),
 * the public deficit must not overpass 3% of the national GDP,
 * the public debt must not exceed 60% of the national GDP,
 * the long term interest rates must not be superior of 2% of the member states which have the best results in terms of price stability.

The European Council then, decides if the applicant country is able to adopt the Euro currency.

 Sources:
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;">[|www.europa.eu]
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;">[|www.bce.fr]

<span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> //Back to Q&A//

<span style="font-family: Georgia,serif;">Economy <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> Population <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> Culture <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"><span style="font-family: Georgia,serif;">
 * Related arguments**
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;">How many countries have adopted the €uro currency?
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> When did the countries adopt the €uro currency?
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;">How many inhabitants does Europe have?
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> How many languages are spoken into the European Union?
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;">Is there a European day?
 * <span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> What does represent the European flag?

<span style="color: rgb(0, 0, 128); font-family: Georgia,serif;"> //PB//