The research project with theme "Developing an optimum model of Romania`s monetary integration through creating a system of indicators for monitoring real convergence and simulating the costs and benefits of euro adoption" is aim at identification of the moment when Romania will be ready to adopt the euro, based on optimistic and pessimistic scenarios.... continue
Since there is no ECB strategy regarding the monetary integration of the new EU member states into the euro zone, much less that of Romania, The European Council of Nice (December 2000) recommended that candidate countries should adopt that monetary policy which best matches the economic conditions in every country and corresponds to the general economic policy.... continue