Mugur Isarescu : 'Romania will join the Euroland when it has fulfilled the required conditions'

'Romania will join the Euroland when it has fulfilled the required conditions,' Isarescu Governor of the National Bank of Romania Mugur Isarescu told a seminar on Wednesday devoted to the celebration of 140 years since the establishment of the Leu Monetary System. He mentioned that none of the 10 countries having acceded to the European Union could switch over to the euro at the same time with the accession.The 2005 re-denomination of Romania's currency, the leu, has led to disinflation and greatly simplified the circulation of money, Mugur Isarescu said(...)

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