BNR official: No matter the deadline extension, preparations never enough for switch to euro
Monday, May 30, 2011
No matter how many times the deadline for the euro's adoption would be pushed back, Romania would still not be ready, Adrian Vasilescu, advisor to the governor of the National Bank of Romania (BNR), on Wednesday told a roundtable meeting on 'Adopting the Euro in 2015: Benefits and Vulnerabilities.' 'We were not prepared for Romania's European Union accession either, we improvised even at the 1918 Union. The Marasesti WW I battle caught us off-guard. And now I believe that we are ...

