摘要：The integration of a country in the European Union automatically attracts its integration in the Economical and Money Union (EMU) involving,implicitly,the adoption of the unique European currency by that country. For the access of the EU member countries to the EMU,the European Committee and the European Central Bank (ECB) must evaluate the degree of complying with the nominal convergence criteria of these countries. This study is focused on a problematic found on the managers’ lists on various levels in CEE country,and that is the analysis of CEE country’s compliance stage of the nominal convergence degree which to allow the adoption of the Euro currency. Taking into account the involved risks,the ERM II entrance must be carefully prepared,the participation to this mechanism being compulsory. The adjusting period between the moment of adhering to the EU and the one of the ERM II participation beginning is considered necessary for a reliable implementation of the unique currency. The Economical and Monetary union is the most evolved economical integration form,characterized by the existence of a common market of an unique currency and a relatively stable exchange rate.
关键词：convergence criteria;exchange rate;exchange rate mechanism (ERM);euro zone
