Advantages and Disadvantages for the Adherence to the Eurozone Cover Image

Vantaggi e svantaggi della’adesione all’Eurozona
Advantages and Disadvantages for the Adherence to the Eurozone

Author(s): Lucian Săcălean
Subject(s): Politics / Political Sciences
Published by: Editura Universităţii Petru Maior
Keywords: Euro zone; economic crisis, Euro; exchange; macro benefits.

Summary/Abstract: Adopting the euro was until recently a goal for the European countries. Meanwhile shades appeared... In 2008, the appreciation of the euro has led to a decrease in competitiveness of those countries that had a course currency fixed in relation with the euro, while the simultaneous increase in international prices has resulted in more domestic high inflation rates. Where are we today? If in 2008-2009 the solutions to the international financial crisis seemed accessible, today, despite the optimistic discourse of the European officials, the uncertainty persists. The adoption of the single currency has become more and more a target more political than economic, although it must be said from the beginning that it also has positive aspects. The only possible question that might be worth to answer is who would gain and who to lose if the euro zone ceased to exist.

  • Issue Year: 14/2014
  • Issue No: 2
  • Page Range: 53-60
  • Page Count: 8
  • Language: Italian