ASSESSMENTS OF THE DEGREE OF ADOPTION OF THE EURO IN ROMANIA
The changeover to euro is an older objective of Romania, but whose implementation has suffered numerous delays depending on the degree of economic integration with the euro area and the fulfilment of nominal convergence criteria. Romania has started preparations for euro adoption since 2010, but the...
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University Publishing House
2014-05-01
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| Series: | Challenges of the Knowledge Society |
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| Online Access: | http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.054.pdf |
| Summary: | The changeover to euro is an older objective of Romania, but whose implementation has suffered numerous delays depending on the degree of economic integration with the euro area and the fulfilment of nominal convergence criteria. Romania has started preparations for euro adoption since 2010, but the completion of the process is uncertain. In this study we will analyse the stage of adopting the euro, the steps taken and what criteria must be met in this regard. Research is completed with an analysis of the European Union member states that have not yet adopted the euro or adopted recently. Thus, we will highlight the measures taken by governments and central banks of these countries, the results obtained the reaction of public opinion and the ways in which they managed to overcome the economic crisis opinion and the ways in which they managed to overcome the economic crisis. |
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| ISSN: | 2068-7796 2068-7796 |