Romania's economy will suffocate, if it is to enter euro area unprepared

Romania's economy would suffocate if it is to enter the euro area unprepared, economist Daniel Daianu warned.'The euro was a political project and the crisis is the economic revenge, exposing blatant weaknesses of the euro area, which is not a genuine monetary union, but a single currency area', said on Friday Professor Daianu, on the occasion of the Eurosfat meeting at the Parliament ...

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