JOINING EURO VERY RAPIDLY – A STEP FORWARD FOR NON-EURO EU MEMBERS ?* Cover Image

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 Stanciu
Subject(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.

  • Issue Year: 2009
  • Issue No: 13
  • Page Range: 46-49
  • Page Count: 4
  • Language: English