The Maastricht Treaty established convergence rules in 1992. According to the conjectures of the politicians in charge of its design, as long as the rules are adhered to, the states converge economically. The following will examine whether convergence has effectively taken place – 27 years after Maastricht, 20 years after the introduction of the euro and 10 years after the outbreak of the financial crisis.
Reference for the used photo:
- Cover photo: Samuel Zeller @ Unsplash.com