Romania Ctrl Bker: 2015 Not A Fixed Deadline For Euro Adoption
Romanian central bank doesn’t see the year 2015 as a fixed deadline for the euro adoption, because the date might change, depending on the country’s ability to fulfill the required criteria and on international conditions, an official of the bank said Wednesday.
“We are living in such dynamic and unpredictable times that we could either join the euro area sooner, or, conversely, much later,” said Adrian Vasilescu, adviser to central bank’s governor Mugur Isarescu.
Vasilescu said Romania needs a clear strategy to join the euro area.
“We must see how well we can mobilize to meet the required criteria by 2015, regardless if we join the eurozone or not,” he added.
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Iulian Anghel