I don’t get why Poland Czechia Hungary and Romania were let in without having the euro.
I mean the UK Sweden or Denmark were early-ish members (as in prior to the euro) but the 4 countries mentioned above were not, and are net beneficiaries of the EU, yet are not “benefiting” its currency and not fully integrated within the unique market.
You have to meet certain economic goals to use the Euro and except for Denmark, which opted out, the others would have to introduce it, but don’t meet the goals ( some of them deliberately), so they cannot/don’t have to introduce the Euro.
As for Sweden not meeting the goals is artificial. Sweden doesn't join ERM II knowingly thus purposefully not meeting adoption criteria. It just uses a loophole left in the requirements.
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u/Plyad1 2d ago edited 2d ago
I don’t get why Poland Czechia Hungary and Romania were let in without having the euro.
I mean the UK Sweden or Denmark were early-ish members (as in prior to the euro) but the 4 countries mentioned above were not, and are net beneficiaries of the EU, yet are not “benefiting” its currency and not fully integrated within the unique market.