1.   Brushing aside the apocalyptic scenarios, most member states are struggling to meet the fiscal criteria for monetary union.

2.   Bundesbank council members, including President Hans Tietmeyer, have campaigned against countries using accounting tricks or one-time adjustments to meet the fiscal criteria for the so-called euro.

3.   Faster growth will help Germany meet currency union fiscal criteria, Waigel said.

4.   Many investors still expect monetary union to start on time, with political negotiations resulting in a last-minute compromise on the fiscal criteria.

5.   Still, Waigel was optimistic that the fiscal criteria as set out in the Maastricht Treaty would be achieved.

6.   The fiscal criteria for the single European currency are outlined in the Maastricht Treaty.

7.   The next minute, these countries are expelled from the system for not meeting the fiscal criteria.

8.   These profits would be used to help Germany meet the fiscal criteria for the proposed common currency.

9.   This profit would be used to help Germany meet the fiscal criteria for the proposed common currency.

10.   Some leading members of the Christian Social Union say the currency should be postponed if EU countries are incapable of meeting the fiscal criteria to the letter.