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Will Eastern European Countries Join the Single European Currency Rapidly?

Cristian Stanciu, Sabin Rizescu, Cristi Spulbar () and Narcis Mitu ()
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Cristian Stanciu: University of Craiova, Romania
Sabin Rizescu: University of Craiova, Romania

Annals of the University of Petrosani, Economics, 2009, vol. 9, issue 2, 287-290

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)
Date: 2009
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