"The Euro: Conditions & Realities" is a study that is focussed on the conditions or convergence criteria set for joining the euro zone.The peak point of reaching a European Union and more specifically an Economic Monetary Union lies in the attainment of a single currency area. In order to take part in the euro, the European Member States have to abide by the conditions decided upon in the Treaties. the conditions lay the foundations for a stable economic area where the different states' economic indicators converge. Not one of the convergence criteria can be ignored for each one is justified by ...