Romania Plans to Adopt Euro in 2014

Politics » BULGARIA IN EU | January 24, 2007, Wednesday // 00:00| Views: | Comments: 0
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Bulgaria: Romania Plans to Adopt Euro in 2014 On New Year's Day, Slovenia became the first of the ten states, which joined the EU in 2004, to adopt the European currency. Photo by DW

The Romanian government approved its first ever program for adopting the EU single currency as of 2014.

Romania, which joined the European bloc together with Bulgaria on January 1, 2007, plans to pursue a sustainable macroeconomic policy, reduce inflation and keep the pace of structural reforms, the document says.

Earlier this month Bulgaria's finance minister said the country could adopt the single currency in two, three or five years.

On New Year's Day, Slovenia became the first of the ten states, which joined the EU in 2004, to adopt the European currency.

Five years after euro was introduced into the EU, three years after Slovenia acceded to the EU and 15 years after Slovenia declared independence from the former Yugoslavia, Slovenia's adoption of the euro marked a new stage in the east-west integration of Europe.
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