CELEX: 11992M/PRO/CC/01
Language: en
Date: 1992-02-07 00:00:00
Title: Treaty on European Union - Protocol on the convergence criteria referred to in Article 109 J.of the Treaty establishing the European Community - Article 1

Avis juridique important

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11992M/PRO/CC/01

Treaty on European Union - Protocol on the convergence criteria referred to in Article 109 J.of the Treaty establishing the European Community - Article 1  

Official Journal C 191 , 29/07/1992 P. 0085

 Article 1  The criterion on price stability referred to in the first indent of Article 109j(1) of this Treaty shall mean that a Member State has a price performance that is sustainable and an average rate of inflation, observed over a period of one year before the examination, that does not exceed by more than 1 percentage points that of, at most, the three best performing Member States in terms of price stability. Inflation shall be measured by means of the consumer price index on a comparable basis, taking into account differences in national definitions.