2014 Romania has fulfilled the nominal convergence criteria, thus becoming apt to adopt the euro. But a careful analysis of … the reality and the lessons learnt from the Euro Area crisis show that the real convergence criterion is able to ensure …By the Treaty of Accession to the EU, Romania opted for the euro adoption. According to the Maastricht Treaty, since …

This paper proposes a new monetary policy framework for effectively navigating the path to adopting the euro. The … volatility to differentials over the euro zone in both inflation (target variable) and interest rate (instrument variable) is …