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In this paper, we identify the principal conditionalities for the admittance in European Union. The nominal and real convergence must be touched faster because this processus supposes stability prices, the financial soundness indicators, the need to stabilize exchange rate. In addition, the real...
Persistent link: https://www.econbiz.de/10005125377
In transition, the Romanian authorities have advanced the development of prudent macroeconomics policies and implemented structural reforms in the market for goods, labor and financial products. On the long term, Romanian real convergence to the European model is more important than nominal...
Persistent link: https://www.econbiz.de/10005099739
The process of economic integration between Romania and the Euro area has supposed the emphasis both of the trade and the financial linkages between these economies, especially during the period 2003-2008. Prior to the economic crisis, the foreign financial flows in have generated a fast...
Persistent link: https://www.econbiz.de/10010632018