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the world. Among them, the National Bank or Romania changed in mid-2005 the strategy of the monetary policy with IT. As a … member of the European Union, Romania's ultimately aspiration is the adoption of the euro as a means to achieve its objective … convergence criteria, Romania must spend at least two years in the ERM II, keeping its exchange rate towards the euro stable …
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rates and the differentials of the interest rates from Romania and euro area. In the framework of the Uncovered Interest …
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The present paper is concerned with the prospect of euro adoption in Romania. The study starts from the relevant … - central bank independence and EU accession. After performing the pairwise correlations between Romania and the rest of the … shock correlations between Romania and many other European economic entities, while also isolating the effect of post 2005 …
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