The Integration in the Economic and Monetary Union: when?

Marin Opritescu, Ramona Andreea Teica and Alia Gabriela Duta
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Marin Opritescu: University of Craiova Faculty of Economics and Business Administration
Ramona Andreea Teica: University of Craiova Faculty of Economics and Business Administration
Alia Gabriela Duta: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2013, vol. 1, issue 15, 40-47

Abstract: The goal of this article is to analyze the advantages and disadvantages of adopting a unique European currency. Also, we aim at revising the new question marks raised by the current economic and financial context towards the sustainability of the Euro zone. The conclusion is that, although some countries are postponing the moment of adopting the Euro, they have trust in the future and solidity of the Economic and Monetary Union (EMU) and are prepared to adopt the unique European currency on a shorter or longer term. The countries’ fears are not related to the existence of the EMU itself, but they are rather waiting for a more suitable moment, characterized by a less troubled economic environment.

Keywords: unique currency advantages; disadvantages (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:40-47

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