Romania, Poland. Two Countries, One Wish: Joining the Eurozone

Luminita Soproni and Mirela Marcut

MPRA Paper from University Library of Munich, Germany

Abstract: The paper aims to present the efforts of the two Member States of the European Union regarding the criteria for accession in the „select club” of the Eurozone, in the current economic environment, which is characterized by uncertainty and profound turbulences. The study has pointed out that, even though the economic policies of the Romanian and Polish governments have generally implied similar measures in order to comply with the convergence criteria, the visions of the two governments are different. In short, Romania’s exaggerated optimism, fuelled by the electoral “needs”, (the only country in a hurry to enter the Eurozone), and not backed by the economic reality, is in a stark contrast with Poland’s reserved attitude (taking into consideration the fact that the Poland has the highest rate of economic growth in Europe), which expresses the wish to join the Eurozone only after the national economy’s problems as well as the Eurozone’s troubles have been resolved.

Keywords: Romania; Poland; convergence criteria; Eurozone; Economic and Monetary Union; economic crisis (search for similar items in EconPapers)
JEL-codes: E01 E5 E58 F43 F5 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-mac, nep-mon and nep-tra
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Published in Stanislawa Sagana, Viktoriyi Serzhanovej (editors), Relacje Polsko-Rumunskie. Historia, gospodarka, Unia Europejska, Rzeszow (2013): pp. 20-41

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:53013

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