Research on the Nominal Convergence of Romania to the Euro Area

Research on the Nominal Convergence of Romania to the Euro Area

All the European Union (EU) member states engaged to adopt, sooner or later, the euro. In order to do so, they must accomplish the convergence criteria concerning the inflation rate, the exchange rate, the interest rate, the public deficit and the public debt. The paper analyses the situatio...

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Bibliographic Details
Main Authors: Diana Bărglăzan, Mihaela Vartolomei, Camelia Turcu
Format: Article
Language:English
Published: Eftimie Murgu University of Resita 2008-10-01
Series:Analele Universităţii "Eftimie Murgu" Reşiţa: Fascicola I, Inginerie
Subjects:
sooner or later
the euro. In order to do so
they must accomplish the convergence criteria concerning the inflation rate
the exchange rate
the interest rate
the public deficit and the public debt. The paper analyses the situation of Romania
based on the convergence criteria. Romania accomplishes only the criteria referring to public finances
while inflation still seems to be the worst problem.
European Union
euro
convergence criteria
nominal convergence
Online Access:http://anale-ing.uem.ro/2008/2008_a10.pdf

Internet

http://anale-ing.uem.ro/2008/2008_a10.pdf

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