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Joining Euro Very Rapidly – A Step Forward For Non-Euro Eu Members ?

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Author Info

  • Prof. Ph.D Spulbar Cristi

    (University from Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Lect. Ph.D Rizescu Sabin

    (University from Craiova Faculty of Economics and Business Administration Craiova, Romania)

  • Lect. Ph.D Stanciu Cristian Valeriu

    (University from Craiova Faculty of Economics and Business Administration Craiova, Romania)

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.

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Bibliographic Info

Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Revista Tinerior Economisti (The Young Economists Journal).

Volume (Year): 1 (2009)
Issue (Month): 13 (NOVEMBER)
Pages: 46-49

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Handle: RePEc:aio:rteyej:v:1:y:2009:i:13:p:46-49

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Related research

Keywords: European currency; convergence; budget deficit; current account deficit;

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