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Romania and the euro

Index Romania and the euro

Romania is required by its EU accession agreement to replace the current national currency, the Romanian leu, with the euro, as soon as Romania fulfills all of the six nominal euro convergence criteria. [1]

24 relations: Banking union, Bloomberg News, Chamber of Deputies (Romania), Coat of arms of Romania, Enlargement of the eurozone, Erste Group, Euro coins, Euro convergence criteria, European Central Bank, European Exchange Rate Mechanism, European Union, Eurozone, Government of Romania, Liviu Dragnea, Maastricht Treaty, Mugur Isărescu, National Bank of Romania, Organic law, Reserve requirement, Romania, Romanian leu, The Daily Telegraph, Victor Ponta, Workforce productivity.

Banking union

The banking union in the European Union is the transfer of responsibility for banking policy from the national to the EU level in several countries of the European Union, initiated in 2012 as a response to the Eurozone crisis.

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Bloomberg News

Bloomberg News is an international news agency headquartered in New York, United States and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com and Bloomberg's mobile platforms.

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Chamber of Deputies (Romania)

The Chamber of Deputies (Camera Deputaților) is the lower house in Romania's bicameral parliament.

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Coat of arms of Romania

The coat of arms of Romania was adopted in the Romanian Parliament on 10 September 1992 as a representative coat of arms for Romania.

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Enlargement of the eurozone

The enlargement of the eurozone is an ongoing process within the European Union (EU).

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Erste Group

Erste Group Bank AG (Erste Group) is one of the largest financial services providers in Central and Eastern Europe serving 15.7 million clients in over 2,700 branches in 7 countries.

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Euro coins

There are eight euro coin denominations, ranging from one cent to two euros (the euro is divided into a hundred cents).

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Euro convergence criteria

The euro convergence criteria (also known as the Maastricht criteria) are the criteria which European Union member states are required to meet to enter the third stage of the Economic and Monetary Union (EMU) and adopt the euro as their currency.

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European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.

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European Exchange Rate Mechanism

The European Exchange Rate Mechanism (ERM) was a system introduced by the European Economic Community on 13 March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in preparation for Economic and Monetary Union and the introduction of a single currency, the euro, which took place on 1 January 1999.

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European Union

The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.

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Eurozone

No description.

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Government of Romania

The Government of Romania (Guvernul României) forms one half of the executive branch of the government of Romania (the other half being the office of the President of Romania).

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Liviu Dragnea

Liviu Nicolae Dragnea (born 28 October 1962) is a Romanian engineer and politician.

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Maastricht Treaty

The Treaty on European Union (TEU; also referred to as the Treaty of Maastricht is one of two treaties forming the constitutional basis of the European Union (EU), the other being the Treaty on the Functioning of the European Union (TFEU; also referred to as the Treaty of Rome). The TEU was originally signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands to further European integration. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. Upon its entry into force on 1 November 1993 during the Delors Commission, it created the three pillars structure of the European Union and led to the creation of the single European currency, the euro. TEU comprised two novel titles respectively on Common Foreign and Security Policy and Cooperation in the Fields of Justice and Home Affairs, which replaced the former informal intergovernmental cooperation bodies named TREVI and European Political Cooperation on EU Foreign policy coordination. In addition TEU also comprised three titles which amended the three pre-existing community treaties: Treaty establishing the European Atomic Energy Community, Treaty establishing the European Coal and Steel Community, and the Treaty establishing the European Economic Community which had its abbreviation renamed from TEEC to TEC (being known as TFEU since 2007). The Maastricht Treaty (TEU) and all pre-existing treaties, has subsequently been further amended by the treaties of Amsterdam (1997), Nice (2001) and Lisbon (2009).

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Mugur Isărescu

Constantin Mugur Isărescu (born 1 August 1949) is the Governor of the National Bank of Romania, a position he held since September 1990, with the exception of an eleven months period (22 December 1999 to 28 November 2000), during which he served as Prime Minister of Romania.

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National Bank of Romania

The National Bank of Romania (Banca Națională a României, BNR) is the central bank of Romania and was established in April 1880.

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Organic law

An organic law is a law, or system of laws, that form the foundation of a government, corporation or any other organization's body of rules.

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Reserve requirement

The reserve requirement (or cash reserve ratio) is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.

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Romania

Romania (România) is a sovereign state located at the crossroads of Central, Eastern, and Southeastern Europe.

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Romanian leu

The Romanian leu (plural lei; ISO 4217 code RON; numeric code 946) is the currency of Romania.

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The Daily Telegraph

The Daily Telegraph, commonly referred to simply as The Telegraph, is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.

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Victor Ponta

Victor Viorel Ponta (born 20 September 1972) is a Romanian jurist and politician, who served as Prime Minister of Romania between his appointment by President Traian Băsescu in May 2012 and his resignation in November 2015.

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Workforce productivity

Workforce productivity is the amount of goods and services that a worker produces in a given amount of time.

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Redirects here:

Romanian euro coins.

References

[1] https://en.wikipedia.org/wiki/Romania_and_the_euro

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