The treaty requires that members comply with guidelines on deficits, public debt and other fiscal benchmarks by the end of 1997 if they are to qualify for taking part in the introduction of a new, single European currency in 1999.
All eleven EU countries must comply to qualify for taking part in the introduction of a new, single European currency in 1999
( z1 obligate :ARG1 ( z2 country :quant 11 :mod ( z3 organization :name ( z4 name :op "EU" ) ) :mod ( z5 all ) ) :ARG2 ( z6 comply :ARG0 z2 :purpose ( z7 qualify :ARG1 z2 :ARG2 ( z8 participate :ARG0 z2 :ARG1 ( z9 introduce :ARG1 ( z10 currency :ARG1-of ( z11 new ) :ARG1-of ( z12 single ) :mod ( z13 continent :name ( z14 name :op "Europe" ) ) ) :time ( z15 date-entity :year 1999 ) ) ) ) ) )