euro adoption

Isarescu: Euro Area Not Cozy for Economies with Lagging Competitiveness

17:18, 27 Nov. 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 speech at the Conference on Europe Economic Integration. 

Roubini: Romania Unlikely To Join Eurozone In 2015

13:39, 26 Mai 2011
Romania will probably miss its self-imposed deadline for euro adoption in 2015, American economist Nouriel Roubini said Wednesday, mentioning that there’s “nothing wrong with waiting another year or two” before joining the euro area.

Romania May Delay Euro Adoption If Fiscal Consolidation Unsuccessful – Ctrl Bk

12:55, 04 Nov. 2010
Romania should be ready to postpone the target for euro adoption if the government’s fiscal consolidation measures don’t receive social support over the next months, central bank governor Mugur Isarescu said Thursday.

Romania Should Reconsider Euro Adoption Calendar, President Says

14:47, 11 Aug. 2010
Romanian President Traian Basescu said Wednesday on public radio he thinks authorities should rethink the country’s euro adoption calendar, as the country has not yet resolved its structural deficits problem.

Romania Ctrl Bk Chief Says Euro Adoption Target Needs Reexamination

13:49, 06 Aug. 2010
Romania's central bank must reexamine its self-imposed target for euro adoption as of January 2015 to see if the deadline is still feasible, central bank governor Mugur Isarescu said Friday.

Romania Unlikely To Adopt Euro In 2015 – Ctrl Bker

13:26, 13 Mai 2010
Romanian economy won’t have sufficient drive for the country to adopt the euro by its 2015 timeframe, but this shouldn’t scare the central bank into changing the adoption calendar, said Lucian Croitoru, adviser to the central bank governor.

Romania Ctrl Bk: Eurozone Entry Might Be Difficult In Following Years

18:14, 28 Apr. 2010
Romania’s planned euro adoption could prove more difficult in light of the recent problems faced by some of the 16 nations that use the European single currency, central bank governor Mugur Isarescu said Wednesday.

Greek Crisis Weighs Down Romania Euro Adoption – MEP

12:42, 23 Apr. 2010
The prospects in Europe to join the euro area have changed after the Greece’s financial crisis and Romania will adopt the European common currency later than scheduled, Romanian MEP Theodor Stolojan said Friday.

IMF Chief: Romania Could Miss Euro Adoption Target

13:15, 30 Mart. 2010
Romania could adopt the European currency later than planned, but still needs to consolidate its monetary and fiscal policies to stay on track, the head of the International Monetary Fund said Tuesday in Bucharest.

Romania’s Ctrl Bker: US Crisis Might Affect Euro Adoption In 2014

12:44, 26 Sept. 2008
Romanian Central Bank Governor Mugur Isarescu admits that Romania’s euro adoption in 2014 might be affected by the USA financial crisis, but says that, for the moment, it is too early to evaluate the effects of the crisis by that time.

BCR Says Romania May Adopt Euro In 2014, But Needs Economic Reform

15:34, 08 Mai 2008
Romania’s largest lender by assets Banca Comerciala Romana, or BCR, said Romania may adopt euro in 2014, but the process will depend on the economic reform, considering that the next three years are essential for meeting the target.