Results 1 - 7 from 7 for "euro 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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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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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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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