Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-06-01-Speech-4-199"

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". Nobody questions the idea that any Member State wishing to enter the euro zone must meet the Maastricht convergence criteria established in the EC Treaty. Parliament has always said it is in favour of strict compliance with these criteria, without exceptions. Although the Committee on Economic and Monetary Affairs decided not to focus on recommendations regarding the level of preparation of specific countries in its report, the truth is that the main issue in this vote was the negative verdict on Lithuania, which meets all the convergence criteria, except for the inflation criteria. In the last 12 months, the inflation rate in Lithuania has been slightly above the threshold value. This has led me to vote for Amendment 2, which calls for a clear and exhaustive explanation regarding the calculation of the inflation criteria and calls on the Commission to update its report on Lithuania with a view to enabling it to join the euro zone at the earliest opportunity."@en1

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