Romania’s euro adoption remains in limbo, poll shows
<p>The expectations for the country’s euro adoption expressed by analysts surveyed by CFA Society Romania range between 5 and 20 years, with an average of 11 years after filtering out the opinion of an analyst who expects Romania never to join the single currency area.</p>

<p>The wide range of expectations is consistent with the lack of a plan for the adoption of the euro and the current situation in which the country meets none of the required criteria.</p>

<p><a href="https://hotnews.ro/analistii-bancari-spulbera-visul-lui-isarescu-vom-trece-la-euro-abia-peste-11-ani-a-fost-si-o-opinie-ca-nu-vom-trece-niciodata-la-moneda-unica-1773594?mc_cid=22332dd996&amp;mc_eid=cd1f92f96c" rel="noopener" target="_blank">Hotnews.ro</a> reminds that the governor of the National Bank of Romania promised in 2019, when heard by the lawmakers for a new term, that Romania would join the euro area during his 2019-2024 term. But the major fiscal slippage and the high inflation prompted by the war in Ukraine compromised the governor’s plans.</p>

<p>Governor Mugur Isarescu is expected to get another term, but the lawmakers deferred the vote until after the parliamentary elections this winter.</p>

<p><em>iulian@romania-insider.com</em></p>

<p><em>(Photo source: <a href="https://www.dreamstime.com" rel="noopener" target="_blank">Romolo Tavani/Dreamstime.com</a>)</em></p>