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Senior BNR economist: Deficit, inflation, interest criteria for euro adoption, in peril

The budget deficit, inflation and long-term interest criteria for Romania's switching over to the single European currency, the euro, are in danger, Valentin Lazea, senior economist of the National Bank of Romania (BNR) and secretary of the committee in charge with Romania's switchover to the euro, said Monday. "The tax and wage relaxation policies started in the summer of 2015 and accentuated by governments of various political ...

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Tuesday, November 14, 2017