THE ANALYSIS OF ROMANIA’S INTEGRATION STAGE IN THE ECONOMIC AND MONETARY UNION AND OF THE NOMINAL CONVERGENCY CRITERIA IN THE PERSPECTIVE OF ADOPTING
THE ANALYSIS OF ROMANIA’S INTEGRATION STAGE IN THE ECONOMIC AND MONETARY UNION AND OF THE NOMINAL CONVERGENCY CRITERIA IN THE PERSPECTIVE OF ADOPTING

Summary/Abstract: The integration of a country in the European Union automatically attracts its integration in the Economical and Money Union (EMU) involving, implicitly, the adoption of the unique European currency by that country. For the access of the EU member countries to the EMU, the European Committee and the European Central Bank (ECB) must evaluate the degree of complying with the nominal convergence criteria of these countries. This study is focused on a problematic found on the managers’ lists on various levels in our country, and that is the analysis of our country’s compliance stage of the nominal convergence degree which to allow the adoption of the Euro currency. The conclusion we have is that our country seems to fall behind, regarding the fulfilling of certain nominal convergence criteria, situation that can be overcome by supported efforts and application of programs with clear, but realistic objectives.

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