Which date are these figures from? 91.208.174.15 (talk) 10:16, 11 January 2011‎

I have just updated the entire "Target dates" for euro adoption, and the "criteria table" with economic stats. Titles and footnotes now clearly explain the year for the data, and how the reference values and evaluation process works. The old version of the table showed the criteria and values for Fiscal Year 2011, and the evaluation of criteria compliance as of 30 March 2012. As these data and the evaluation results have been well-known for a while, it was however more interesting to let the table show a forecasted outlook for the next evaluation as of 30 March 2013. Forecasted values for HICP inflation, deficit and debt were all easy to extract from the EC Spring Economic Forecast, and will be fast to extract and update again, when the EC Autumn Economic Forecast report gets published in November 2012. In regards of the average values for "Annual long term interest rates", the ECB source also publish numbers on a monthly basis (easy to extract and add). So it is relatively easy now to update the table with new figures, and thus follow if the outlook turns in a red or green direction halfways through (by November 2012). Just be careful to read and understand all the hidden notes. Danish Expert (talk) 21:08, 4 September 2012 (UTC)[reply]

In order to keep the yearly assement data in some nicely saved templates, one of us should around October 2013 copy-edit the final data from this template, and save it in a new template named: Template:Euro convergence criteria (April 2013); to be displayed at the Euro convergence criteria article. Based on the experience with how the forecasted data developed in 2012, I have to admit there will be no point to create a new "forecasted convergence table" for next year, before we at least have the November 2013 forecast report published. Because the HICP values and identification of the 3 lowest scoring countries for a reference year, are basicly only possible to predict with a reasonable amount of certainty, at the point of time where we are halfways through the reference year. So we have to wait until the European Commission in November 2013 will publish both the recorded stats for Q2-2013 and Q3-2013, and the forecasted data for the remaing two quarters Q4-2013 and Q1-2014. :-) Danish Expert (talk) 14:00, 16 October 2012 (UTC)[reply]

Another argument supporting that we should stick with my proposed template creation schedule above, is the fact that the criteria table for compliance evaluation through all months in 2013, would also be the one containing the 2012 budget deficit + debt figures (and with recalculated HICP+interest rate reference values according to the month in 2013 where the compliance check is performed). So later modifications of this table will first have to be created, if any country ask for a renewed compliance check in May-December 2013, and in that case it would be confusing for the readers if we had already created the new Convergence Criteria template for future checks in 2014. To say it short and simple: The next 2014-version of the template with forecasted figures will only be appropriate to create in November 2013. Danish Expert (talk) 14:41, 15 November 2012 (UTC)[reply]

After additional consideration, and experience with the ongoing updating task here in 2012, I will now go one step further and completely abandon my original idea of running this table with forecast HICPs. When I first introduced the change back on 1 September 2012 it appeared to be a splendid idea. Because it was interesting to track how values were going to be for Latvia and Lithuania just around six months later. Looking back, I however have to admit it did not help to clarify their situation, and perhaps created more confusion instead of helping to sort things out. The problem is, that it is simply impossible to forecast the HICP and "interest rate" reference values six months in advance, because the HICPs are so sensitive towards tax hikes (and in some countries energy prices), that we have very high uncertainty about the forecast figures, even for a forecast of oneyear-averages being based upon recorded data for the first 6 months and only forecasted for the remaining 6 months. Bottom line is, that the forecast reference value for "interest rates" can currently be either 3.5% or 4.0% or even 5.5%, all depending on how the last digit of HICPs will end for the 7 countries currently standing a chance to being picked for the group of 3 benchmark countries with the lowest HICP at the next ordinary evaluation time on 31 March 2013. With such a huge level of uncertainty, I think it is better now completely to avoid displaying these forecast HICP figures in our template. The previous approach with forecast HICPs, is moreover also on the borderline to violate WP:FUTURE. So I will now drop the idea, and instead introduce the new data approach detailed below.Danish Expert (talk) 18:50, 22 December 2012 (UTC)[reply]

New data approach and schedule for new template versions

As a good final solution for my many considerations outlined above, I am now ready to introduce a new version and data approach for the template. In the upcomming months, the HICP column and "Interest rate" column will only display actually recorded average data for the past 12 months. Each time we start a new calendar year, it will be time to create a new "Euro convergence criteria (XXXX)" template to be displayed in the main article Enlargement of the eurozone. This template can then be used to upload recorded 12-month data for HICP and interest rates during the entire calendar year in concern. It will of course for the first three months of the year (until recorded data are released mid April), show a forecast for the debt+deficit in the past full calendar year, but these forecasts have been prooved to be highly reliable, and when the previous November forecast for debt+deficits will be replaced by a new February forescast -it will be very close (if not identical) with the final values to be published two months later. So this is acceptable. The described approach will also make much more sence, when comparing with the fact that all non-euro countries can ask for a renewed compliance check after each month in the year. So having a template that actually maps the ongoing criteria situation month by month in each year, will be much better and informative to the readers of Wikipedia. I will introduce the new approach, as soon as the next HICP data for December 2012 will be published on 16 January 2013. Stay tuned. :-) Danish Expert (talk) 18:50, 22 December 2012 (UTC)[reply]