EURO ADOPTION
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Romania’s Planned Euro Adoption To Be Advantageous For SMEs, Minister Says
Romania’s euro adoption planned for January 1, 2019 will be good for the small- and medium-sized enterprises (SMEs) because there will be no more exchange rate risk, financing costs will go...
Government Sets January 1, 2019 As New Euro Adoption Target
Romania set out to adopt the euro in 2019, when it will assume the EU presidency for the first time, Prime Minister Victor Ponta said on Wednesday.
Isarescu: Bucharest Ready To Join The Eurozone
The rest of Romania not so much, the central bank chief says
Romania Sets 2019 As New Euro Adoption Deadline
Romania’s government expects the country will meet this year all the Maastricht criteria to converge to the euro area and set the year 2019 as a self-imposed deadline for the euro adoption.
Raiffeisen Bank: Real Convergence To Eurozone May Take Up To 30 Years
Romania might need 20 to 30 years to converge in real terms to the euro area, even if the nominal process lasts considerably less, an official of Raiffeisen Bank Romania said Tuesday.
Vasilescu, BNR: 2015 Not A Fixed Deadline For Euro Adoption
Romanian central bank doesn’t see the year 2015 as a fixed deadline for the euro adoption, because the date might change, depending on the country’s ability to fulfill the required criteria...
Roubini: Romania Unlikely To Join Eurozone In 2015
Romania will probably miss its self-imposed deadline for euro adoption in 2015, American economist Nouriel Roubini said Wednesday, mentioning that there’s “nothing wrong with waiting another...
Isarescu: Changing Euro Adoption Target Would Delay Reforms
Changing Romania’s euro adoption target would have only fueled political maneuvers to delay structural reforms, central bank governor Mugur Isarescu said Thursday, adding that the 2015 deadl...