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The Euro Area Crisis Impact On Candidate Countries

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  • Anca Tanasie

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

Since 2007, the economic and monetary situation in the euro Area has been seriously affected by the developments generated by an ongoing crisis. The status and evolution of candidate countries took a sudden turn, criteria fulfillment had to be reconsidered, stability became an issue and the Euro adoption has been put into a different perspective. Current candidate countries, including Romania must approach the Euro Area membership in more restrictive and rigorous manner. This paper aims to present a brief assessment of recent developments concerning the Euro adoption process.

Suggested Citation

  • Anca Tanasie, 2013. "The Euro Area Crisis Impact On Candidate Countries," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(41), pages 125-130.
    • Handle: RePEc:aio:aucsse:v:1:y:2013:i:41:p:125-130
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    File URL: http://feaa.ucv.ro/AUCSSE/0041v1-020.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    crisis; Euro; Romania; monetary convergence;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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