Joining Euro Zone – A Moving Target For Romania

11.21.2013 By Claudia Medrega

Romania will most likely adopt the euro in 2021, with the timeframe for joining the euro zone moving further into the future as living standards and work productivity gaps need to be bridged. Analysts warn economic growth rates of 3-4% per year are needed in order for this timeframe to become believable.

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Keywords:
euro zone
, reforms
, convergence