CONCERNS REGARDING TO SUCCESSFUL ADOPTION OF THE EURO IN ROMANIA

Adela Socol
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Adela Socol: 1 Decembrie 1918 University of Alba Iulia Faculty of Sciences Alba Iulia, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2012, vol. 1, issue 18, 166-173

Abstract: The purpose of this paper is to survey the actual arrangements for adopting the euro currency in Romania. We analyzed the events and conditions that may influence and cause significant challenges, vulnerabilities and doubts about the euro changeover. We explore the issues related to Romania’s nominal convergence in order to adopt euro in 2015. We based our approach on the Maastricht Treaty criteria, a requirement for the euro currency adoption. We comparatively study Romania’s situation face to European Union Member States that did not adhere until now to ERM Exchange Rate Mechanism II and that do not benefit of special opt-outs stipulations - Czech Republic, Hungary, Poland and Bulgaria.

Keywords: Euro adoption in Romania; Convergence; Economic and Monetary Union; advantages and disadvantages; alternatives (search for similar items in EconPapers)
JEL-codes: E58 F33 F36 F42 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2012:i:18:p:166-173

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