Sunday, May 25, 2008

Romania: Romania's finance minister looks to 2014 for adoption of euro

Romania may introduce the on January 1, 2014, according to Minister of Economy and Finance Varujan Vosganian.

Speaking in Suceava, Vosganian said the period 2012 through 2014 would be the most ltime that payments will be made both in euros and in lei,. However, that decision is to be taken by the governor of Romania's National Bank.

Romanian President Traian Basescu said on Friday Romania had set 2014 as a target for the adoption of the euro.

Mike Hitchen, Mike Hitchen Consulting Publisher of
i On Global Trends Sydney Irresistible The Jeremy Young Files and The Jill Havern Files
Lane Cove , NSW 2006