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Advantages and Disadvantages Romania's Transition to the Euro

Author

Listed:
  • Maria Mirabela Florea Ianc

    ("Constantin Brancusi" University of Târgu Jiu)

  • Loredana Ciurlău

    ("Constantin Brancusi" University of Târgu Jiu)

Abstract

Fluctuations in the euro are known to everyone, but what many do not know is that the euro isthe currency they use more than 337.5 million people worldwide. No less than 19 euro areacountries using the Euro as payment every day, helping to become the second most importantinternational currency after the dollar. The Official statistics released by the European Union, however, show that the euro is strongerthan the dollar in terms numeral in circulation and the cash held in 1999, even January 1, the daythat became actually official currency for 11 Member States. Official statistics released by the European Union, however, show that the euro is stronger thanthe dollar in terms numeral in circulation and the cash held in 1999, even January 1, the day thatbecame actually official currency for 11 Member States.

Suggested Citation

  • Maria Mirabela Florea Ianc & Loredana Ciurlău, 2016. "Advantages and Disadvantages Romania's Transition to the Euro," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 99-103, February.
    • Handle: RePEc:ovi:oviste:v:xvi:y:2016:i:2:p:99-103
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    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/2016/2016-II-full/s2/6.pdf
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    References listed on IDEAS

    as
    1. Marius-Cristian PANĂ, 2012. "Education and Crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(5(570)), pages 145-156, May.
    2. Andrei HREBENCIUC, 2010. "Public Debt Evolution in the Eurozone and the Need of Policy Coordination," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 8(9(549)), pages 53-62, August.
    3. Aura Gabriela SOCOL & Dorin MĂNTESCU, 2011. "Re-modeling the Romanian Fiscal Policy under the Terms of the Economic Crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(554)), pages 111-120, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    advantages; disadvantages; transition; euro;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching
    • A1 - General Economics and Teaching - - General Economics
    • A10 - General Economics and Teaching - - General Economics - - - General

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