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

Author

Listed:
  • 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.

Suggested Citation

  • Prof. Ph.D Spulbar Cristi & Lect. Ph.D Rizescu Sabin & Lect. Ph.D Stanciu Cristian Valeriu, 2009. "Joining Euro Very Rapidly – A Step Forward For Non-Euro Eu Members ?," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(13), pages 46-49, NOVEMBER.
  • Handle: RePEc:aio:rteyej:v:1:y:2009:i:13:p:46-49
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    More about this item

    Keywords

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

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F30 - International Economics - - International Finance - - - General
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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