PM Boc: Romania to decide by the end of the month whether it will maintain its euro zone objective

Romania will decide whether it will give up plans to join the euro zone in January 2015 through the convergence plan that is currently debated between the government, national bank and the presidency and will be approved by the end of the month, PM Boc declared quoted by Agerpres.

The decision will be taken within the national convergence plan, by the end of April, Boc said. President Traian Basescu declared on April 12 that he will initiate a debate to see whether it is in Romania’s advantage to join the euro zone in 2015.

To perform in the euro zone, a country needs to have a performing economic, which is why we must decide whether Romania should reconsider its initial plans to have the euro in 2015, the President said at the time.