PROSPECTS FOR EURO ADOPTION IN ROMANIA

Alexandra Pricopi
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Alexandra Pricopi: Romanian American University

Romanian Economic Business Review, 2013, vol. 8, issue 3.1, 144-149

Abstract: Enlargement of the Union is one of the major projects undertaken by the European Union. Basically, Romania's decision to join the European Union is a strategic orientation in close contact with all political forces of the country. Through this study, are highlighted provisions imposed to Romania by the European Union covering the road to euro adoption, and within our country falls or developing solutions on the economy, thus boosting Eurozone entry. So we can say that the euro adoption process will not be easy. By adopting a mix of economic policies in a country should be considered conditions in the country, the policy effects that will take place in previous years and especially targets that are pursued. Euro means a safe monetary policy with one single essential objective - the monetary stability. Also, the introduction of the euro lay the foundations for large building whose lifting will have to contribute all.

Keywords: monetary integration; convergence criteria; adoption of the euro; inflation (search for similar items in EconPapers)
Date: 2013
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