JOINING EURO VERY RAPIDLY – A STEP FORWARD FOR NON-EURO EU MEMBERS ?*
JOINING EURO VERY RAPIDLY – A STEP FORWARD FOR NON-EURO EU MEMBERS ?*
Author(s): Cristi Marcel Spulbar, Sabin Rizescu, Cristian Valeriu StanciuSubject(s): Economy
Published by: Editura Universitaria Craiova
Keywords: European currency; convergence; budget deficit; current account deficit
Summary/Abstract: Just before the last G20 meeting in London and following the quantitative easing measures taken by FED it has broken into the news that, during an internal discussion, IMF raised a really provocative issue: should the non-Euro EU members join the Euro very rapidly?! Considering the developing international economic situation we plead that adopting the Euro at a fast pace will be benefic for both sides of Europe: the Western developed countries and the Eastern emerging economies.
Journal: Revista tinerilor economişti
- Issue Year: 2009
- Issue No: 13
- Page Range: 46-49
- Page Count: 4
- Language: English