Any deviant behaviour/conduct, inconsistent with the cosmic harmonious balance and equilibrium, will invite and inflict extremely retributive backlash; the more severe and prolonged the disequilibrium and imbalance, the more wrenching and excruciating will be the resulting pain as is currently being experienced.
Countries joining at a later stage are basically subject to the same rules. But the exchange rate mechanism which will take effect as from 1 January 1999 differs from that currently in force. In my opinion, ERM2 will replace ERM1. But legally, it is not that simple, and my view is not shared by everyone.