PlThis paper deals with the fuzzy clustering modelling of the EMU enlargement process and envisages to determine the relative positioning of the candidates to the Euro adoption. Methodology includes construction of the fuzzy algorithm and simulations using as input-data the values of the...

As an effect of the “no opt-out” clause, Romania is facing, rather soon, the Euro adoption challenge along with all its implications, an aim that has become rather challenging given the recent evolutions in Greece, Ireland or Portugal. Apart from foreseeing the future of the Euro-Zone,...

The paper envisages aspects concerning identification of the competitive advantage of a tourist destination from a double perspective: the critical contribution of the employees and the ICT impact on promoting and selling the destination. Research methodology includes „bottom to top”...

VAR modeling in inflation forecasting has been widely used, and rather successful, even if there have been several critiques of its exactness or accuracy. This paper is structured into two sections. The first one accomplishes a general presentation of VAR modeling in forecasting inflation, and...

For Romania, the EU accession and the European symbols – such as the EURO currency – represent both the integration into a strong and efficient economic system, but also the guarantee for real democratic values. Romania has expressed a real and strong attachment for the European Union, its...

This paper aims to present a new approach of the Tobin tax concept under the circumstances of the current economic and financial crisis in the Euro-Area, raising new questions concerning its applicability and potential support in preventing speculative foreign exchange transactions.

This paper aims to provide a monetary analysis of the economic and financial crisis in Europe. The main focus is concentrated on monetary evolutions surrounding the Single European currency - prevention mechanisms, financing of deficits, monetary indications, enlargement and perspectives of the...

Since 2007, the economic and monetary situation in the euro Area has been seriously affected by the developments generated by an ongoing crisis. The status and evolution of candidate countries took a sudden turn, criteria fulfillment had to be reconsidered, stability became an issue and the Euro...