The perspectives of fiscal konvergence criterions performing in EU new member states on example of Visegrad Group

Abstract

The convergence criterions nessesary for the entrance of EU-member to European Monetary Union are divided to monetary and fiscal area. To fiscal criterions (after Pact of Stability and Growth) belong the low long-run deficit of public budget in the maximum 3 % of GDP and maximal public debt 60 % of GDP. The article are dealing with comparision, filling or perspectives of fiscal criterions´ filling in all of four new EU-members associated in Visegrád Group. It describes initial and present conditions and tries through reform steps´ description outlines the named countries´ possibilities for euro estabilishment as the national currencies.Visegrádská čtyřka, fiskální konvergenční kritéria, deficit veřejných rozpočtů, veřejný dluh, Pakt stability a růstu, reforma veřejných financí, Evropská měnová unie