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The Integration in the Economic and Monetary Union: when?

Author

Listed:
  • Marin Opritescu

    (University of Craiova Faculty of Economics and Business Administration)

  • Ramona Andreea Teica

    (University of Craiova Faculty of Economics and Business Administration)

  • Alia Gabriela Duta

    (University of Craiova)

Abstract

The goal of this article is to analyze the advantages and disadvantages of adopting a unique European currency. Also, we aim at revising the new question marks raised by the current economic and financial context towards the sustainability of the Euro zone. The conclusion is that, although some countries are postponing the moment of adopting the Euro, they have trust in the future and solidity of the Economic and Monetary Union (EMU) and are prepared to adopt the unique European currency on a shorter or longer term. The countries’ fears are not related to the existence of the EMU itself, but they are rather waiting for a more suitable moment, characterized by a less troubled economic environment.

Suggested Citation

  • Marin Opritescu & Ramona Andreea Teica & Alia Gabriela Duta, 2013. "The Integration in the Economic and Monetary Union: when?," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(15), pages 40-47, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:40-47
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    File URL: http://feaa.ucv.ro/FPV/015-005.pdf
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    References listed on IDEAS

    as
    1. Marco Buti & Paul Van Den Noord, 2010. "Deuxième décennie de l’Union économique et monétaire : avant et après la crise," Revue d'Économie Financière, Programme National Persée, vol. 96(1), pages 95-108.
    2. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09ha8a4h4rg is not listed on IDEAS
    3. Lorenzo Bini Smaghi, 2010. "La zone euro : qu’en sera-t-il dans dix ans ?," Revue d'Économie Financière, Programme National Persée, vol. 96(1), pages 69-76.
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      More about this item

      Keywords

      unique currency advantages; disadvantages;

      JEL classification:

      • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
      • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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