Romania: Fit for Eurozone?

Politics ♦ Published: February 17, 2014; 19:34 ♦ (Vindobona)

According to estimates by the Romanian government, the country is fit for joining the single currency union.

Romania: Fit for Eurozone? / Picture: ©

Figures show that Romania fulfills the conditions in regard to inflation, interest rates, budget deficit and state debts for joining the Eurozone.

“Romania is able to satisfy all the necessary criteria for entering the Euro zone: inflation rate, interest rates on bonds, exchange rate stability, budgetary deficit under 3 percent of GDP and public debt under 60 percent of GDP. We…