The Real Convergence Is Not a Caprice (Romania and the Euro Area) [Convergenţa reală nu este un moft (România şi Euroaria)]
Dăianu Daniel
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Dăianu Daniel: Societatea Română de Economie (SOREC)
Revista OEconomica, 2015, issue 04
Abstract:
The Euro Area crisis has not passed and is not limited to public and private indebtedness. Otmar Issing, former chief economist of the European Central Bank, reiterated in Bucharest this April that the Euro Area started on one leg (the monetary policy) and that it lacks appropriate fiscal arrangements. He is not the only prominent voice who made this observation.
Keywords: European Union; euro area; EMU; convergence (search for similar items in EconPapers)
JEL-codes: F02 F15 F33 F45 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:oen:econom:y:2015:i:04:id:441
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