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Will Eastern European Countries Join the Single European Currency Rapidly?

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Author Info

  • Cristian Stanciu

    (University of Craiova, Romania)

  • Sabin Rizescu

    (University of Craiova, Romania)

  • Cristi Spulbăr

    (University of Craiova, Romania)

  • Narcis Mitu

    (University of 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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File URL: http://upet.ro/annals/economics/pdf/2009/20090236.pdf
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Bibliographic Info

Article provided by University of Petrosani, Romania in its journal Annals of the University of Petrosani - Economics.

Volume (Year): 9 (2009)
Issue (Month): 2 ()
Pages: 287-290

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Handle: RePEc:pet:annals:v:9:i:2:y:2009:p:287-290

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Web page: http://www.upet.ro/

Related research

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

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