ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION

The aim of this study is to present a comparision between the new EU member states that adopted euro and the ones that didn’t adopt euro so far, regarding their performance in the nominal and real convergence area. The analysis covers the period during 2008 when the crisis errupted and 2015 for th...

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Main Author: RADULESCU MAGDALENA
Format: Article
Language:English
Published: Academica Brâncuşi 2016-08-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:http://www.utgjiu.ro/revista/ec/pdf/2016-04/08_Radulescu%20M%201.pdf
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author RADULESCU MAGDALENA
author_facet RADULESCU MAGDALENA
author_sort RADULESCU MAGDALENA
collection DOAJ
description The aim of this study is to present a comparision between the new EU member states that adopted euro and the ones that didn’t adopt euro so far, regarding their performance in the nominal and real convergence area. The analysis covers the period during 2008 when the crisis errupted and 2015 for the countries in the Central and Eastern Europe that didn’t adopt euro so far. For the euro-zone member states in this region we studied the period between the year of adopting euro and 2015. Studying the statistical data for both eurozone member states and for the non-member states of the eurozone in this region we could conclude how they performed during the crisis and in the last years after the crisis period. Our conclusion is that, both in the nominal and in the real convergence area, the countries that didn’t adopt euro so far presents a better economic and financial situation.
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spelling doaj.art-376e3768a9ce4b51b8b80aeef3d2e39a2024-10-02T21:57:39ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70071844-70072016-08-01146168ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNIONRADULESCU MAGDALENA0UNIVERSITY OF PITESTIThe aim of this study is to present a comparision between the new EU member states that adopted euro and the ones that didn’t adopt euro so far, regarding their performance in the nominal and real convergence area. The analysis covers the period during 2008 when the crisis errupted and 2015 for the countries in the Central and Eastern Europe that didn’t adopt euro so far. For the euro-zone member states in this region we studied the period between the year of adopting euro and 2015. Studying the statistical data for both eurozone member states and for the non-member states of the eurozone in this region we could conclude how they performed during the crisis and in the last years after the crisis period. Our conclusion is that, both in the nominal and in the real convergence area, the countries that didn’t adopt euro so far presents a better economic and financial situation.http://www.utgjiu.ro/revista/ec/pdf/2016-04/08_Radulescu%20M%201.pdfeuro-zoneCentral and Eastern European countriesnominal and real convergence
spellingShingle RADULESCU MAGDALENA
ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
euro-zone
Central and Eastern European countries
nominal and real convergence
title ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
title_full ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
title_fullStr ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
title_full_unstemmed ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
title_short ADOPTING EURO IN THE NEW MEMBER STATES OF THE EUROPEAN UNION
title_sort adopting euro in the new member states of the european union
topic euro-zone
Central and Eastern European countries
nominal and real convergence
url http://www.utgjiu.ro/revista/ec/pdf/2016-04/08_Radulescu%20M%201.pdf
work_keys_str_mv AT radulescumagdalena adoptingeurointhenewmemberstatesoftheeuropeanunion