For the eight post-communist countries that the EU promises to admit in 2004, joining its Economic and Monetary Union (EMU) poses an accompanying obligation. Unlike the United Kingdom or Denmark, the new members cannot opt out of the euro. They can only control
when
to adopt it, which in principle could be as early as two years after EU admission.
For the eight post-communist countries that the EU promises to admit in 2004, joining its Economic and Monetary Union (EMU) poses an accompanying obligation. Unlike the United Kingdom or Denmark, the new members cannot opt out of the euro. They can only control when to adopt it, which in principle could be as early as two years after EU admission.