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Is Reforming The Eu An Opportunity For Romania?


  • POP, Napoleon

    (”Costin Murgescu” Institute for World Economy, Romanian Academy)

  • IOAN-FRANC, Valeriu

    (”Costin C.Kirițescu” National Institute for Economic Research, Romanian Academy)


Romania has to comply quite fast with the documents produced and published by the European Commission with regard to the future of the European Union. The authors are advancing some ideas that Romania should consider reforming the EU as a good opportunity to think about the directions of the reforms enabling the Union to become stronger economically and politically, but in a more united manner, with Romania in, and all partners should consider seriously the principles of solidarity and cohesion. The disrespect of these, echoing in the lack of political discipline in many economic and social engagements regarding the UE as a whole and every member state individually, was the main cause of the EU crisis opening doors for financial crisis and euro crises. Romania has to take the opportunity to be closer to the making decision process with the goal to reposition and to use all the instruments to take real active part in designing and driving the future of the EU as Romania`s European and global future is strongly linked to EU.

Suggested Citation

  • POP, Napoleon & IOAN-FRANC, Valeriu, 2017. "Is Reforming The Eu An Opportunity For Romania?," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 4(1), pages 30-35.
  • Handle: RePEc:vls:rojfme:v:4:y:2017:i:1:p:30-35

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    macro-stability; EU reforms; EU integration; convergence;

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes


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