Record Details

Is Romania Ready for Adopting Euro?

Studies and Scientific Researchs. Economics Edition

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Field Value
 
Title Is Romania Ready for Adopting Euro?
 
Creator Rebiga, Mihai
 
Subject Economic and Monetary Union; euro adoption; monetary market; financial crisis; convergence criteria; monetary policy
E58
 
Description The common monetary policy is applyed in all member states of the Economic and Monetary Union(EMU), having a common institutional system, common European currency and system of regulations that helps them coordinate the banking activities in all EMU. The application of this policy has brought remarkable results so far, settling the monetary market in the euro zone. But, the new European Union member states have to apply these common rules and regulations in order for them to accede to EMU, which could produce both positive and negative effects, especially given that most of their economies are not yet ready for this king of changes. It is Romania’s situation as well, having had the target set on acceding this by 2014. But is the Romanian economy ready for such a change? And how close is Romania to achieving the convergence criteria?
 
Publisher Vasile Alecsandri University of Bacau
 
Contributor
 
Date 2010-12-15
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.sceco.ub.ro/index.php/SCECO/article/view/104
10.29358/sceco.v0i15.104
 
Source STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION; No 15 (2010)
STUDII SI CERCETARI STIINTIFICE. SERIA STIINTE ECONOMICE; No 15 (2010)
2344-1321
2066-561X
 
Language eng
 
Relation http://www.sceco.ub.ro/index.php/SCECO/article/view/104/104