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Isarescu: Romania must not postpone the adoption of the euro

Publicat la 08.05.2008, 21:00:00

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Isarescu: Romania must not postpone the adoption of the euro

has proposed to adopt the euro in 2014, which would require entry into the exchange rate mechanism (ERM2) two years earlier, in 2012.  According to a poll carried out by Reuters in April, it is estimated that will adopt the single currency in 2015, one year later than proposed.  Alternatively, a report by Erste Bank forecasts ’s convergence to the euro in 2014, although the bank group’s economists stressed that economic reforms and restructuring of the economy must continue so that the country can meet the convergence deadline.

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