“We still have a lot to do to join the euro-zone at the right time… Romania fulfills all four Maastricht criteria, but the big challenge is to maintain them on the long term,” Isarescu told the Euromoney conference in Bucharest.
“The next duty of economic policies is to keep the macroeconomic balance attained after so many efforts, with a focus on structural reforms,” the governor added.
Isarescu mentioned the requirements of increased efficiency in the energy and transport sectors, the unemployment among youngsters and the education reform. He also said Romania needs to improve EU fund absorption, and the infrastructure, especially the road infrastructure.
The governor said any mistake in the government’s economic policies will require painful and lengthy corrections.