Results 1 - 14 from 14 for "convergence"
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EC: Romania Fulfills None of the Criteria for Euro Adoption
06.10.2020
Romania meets none of the convergence criteria – price stability, sound public finances, exchange rate stability and convergence in long-term interest rates – required for euro adoption, the more
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Convergence Program: Rise In Pension Costs, With Peak Of 14.4% Of GDP In 2053, Puts Strain On Medium, Long Term Debt
05.25.2020
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Convergence Program: Romania Public Debt To Reach 40.9% Of GDP End-2020, Below 60% Limit Under Maastricht Treaty
05.25.2020
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Convergence Program: Romania GDP Seen Down 14.4% In 2Q/2020; Return To Slight Economic Growth Expected In 3Q
05.25.2020
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Isarescu: Euro Area Not Cozy for Economies with Lagging Competitiveness
11.27.2018
The euro area is not a cozy place for economies with lagging competitiveness or rigid markets and euro adoption involves a permanent commitment, Romanian central bank governor Mugur Isarescu said in a more
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Central Bank Governor: Wages Should Go Up to Mitigate Workforce Drain
10.25.2018
Wages in Romania should go up to mitigate the labor force drain, but in certain conditions and with complementary benefits, Romanian central bank governor Mugur Isarescu said Thursday. more
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Central Bank Governor Warns Populist Measures Threaten Real Convergence
05.19.2016
Increasing labor productivity is essential to advance real convergence and Romania should resist slipping into populist measures for election purposes, central bank governor Mugur Isarescu said more
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Orange Aims For 20% Of Fixed Communications Market In Five Years
04.29.2016
Orange, the local mobile telephony market leader, plans to become active on the market of fixed-mobile service packages and be a key player on it in five years, as consumer appetite for such services more
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Government Sets January 1, 2019 As New Euro Adoption Target
05.01.2014
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. more
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Joining Euro Zone – A Moving Target For Romania
11.21.2013
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 more
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Romanian President Pleads For New IMF Agreement To Speed Up Convergence Program
04.28.2013
Romanian President Traian Basescu said the completion of Romania’s current agreement with the International Monetary Fund, EU, and World Bank is crucial for the country’s credibility and a new more
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Raiffeisen Bank: Real Convergence To Eurozone May Take Up To 30 Years
11.06.2012
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. more
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Romania Keeps 2015 As Target For Euro Zone Accession
04.18.2012
Romania maintains its objective of joining the euro zone in 2015, by entering the ERM II in 2013-2014 and reducing the structural deficit to less than 0.7% of the GDP by 2014, according to the more
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Tax Increases Could Shadow Romania Private Consumption Recovery
04.21.2011
Romanian private consumption is set to pick up in the coming period, following sharp reductions in the previous years, but recovery could lag behind due to possible tax increases and higher global more