ROMANIA'S MACROECONOMIC POSITION IN THE UNION EUROPE

Oana Camelia Iacob () and Ana-Maria Volintiru ()
Additional contact information
Oana Camelia Iacob: Valahia University, Târgovişte, Romania
Ana-Maria Volintiru: Valahia University, Târgovişte, Romania

Internal Auditing and Risk Management, 2014, vol. 33, issue 1, 45-52

Abstract: The five criteria of nominal convergence practically constitute the essential pillar for adoption of the euro currency. If Romania fails to meet all five criteria, it can not adopt the single currency. Since 2007, the year of integration in the Union, Romania attempts to solve problems of inflation, the nominal long-term interest rate and exchange rate fluctuations. This article examines all five criteria between 2007-2012, focusing on the major issues of Romania.

Keywords: economic convergence; inflation; interest rate; exchange rate. (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://aimr.univath.ro/download/824_Nr_1(33)_2014_45-52.pdf (application/pdf)
http://aimr.univath.ro/en/article/ROMANIA-S-MACROE ... NION-EUROPE~824.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ath:journl:v:33:y:2014:i:1:p:45-52

Access Statistics for this article

Internal Auditing and Risk Management is currently edited by Emilia Vasile

More articles in Internal Auditing and Risk Management from Athenaeum University of Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Cosmin Catalin Olteanu and Emilia Vasile ().