JOINING EURO VERY RAPIDLY – A STEP FORWARD FOR NON-EURO EU MEMBERS ?*

Cristi Spulbar (), Lect. Ph.D Rizescu Sabin and Lect. Ph.D Stanciu Cristian Valeriu
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Lect. Ph.D Rizescu Sabin: University from Craiova Faculty of Economics and Business Administration Craiova, Romania
Lect. Ph.D Stanciu Cristian Valeriu: University from Craiova Faculty of Economics and Business Administration Craiova, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2009, vol. 1, issue 13, 46-49

Abstract: Just before the last G20 meeting in London and following the quantitative easing measures taken by FED it has broken into the news that, during an internal discussion, IMF raised a really provocative issue: should the non-Euro EU members join the Euro very rapidly?! Considering the developing international economic situation we plead that adopting the Euro at a fast pace will be benefic for both sides of Europe: the Western developed countries and the Eastern emerging economies.

Keywords: European currency; convergence; budget deficit; current account deficit (search for similar items in EconPapers)
JEL-codes: F00 F30 F36 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2009:i:13:p:46-49

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