BNR governor Isarescu: Romania seriously affected by asymmetric shocks if it switched to euro now

If Romania were to switch to the euro now, it would be seriously affected by asymmetric shocks, and this is why it chose the middle path in its efforts to adopt the European single currency, considering that a real convergence of 70 - 75 percent - compared to the current 61 percent - is critical for this step, governor of the National Bank of Romania (BNR) Mugur Isarescu on Friday told the Bucharest Security Conference, an event organised by the National University of ...

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