BNR chief economist says Romania's accession to Eurozone unlikely in the next decade

Chief economist of the National Bank of Romania (BNR) Valentin Lazea argues that it will take Romania at least nine-ten years to reach a per capita Gross Domestic Product (GDP) that is 60 per cent of the EU average at purchasing power parity. Without such achievement, Romania will not be welcome in the Eurozone.'At the end of 2013, the per capita GDP at purchasing power parity in Romania was standing at 50 per cent of the EU average. ...

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