AGERPRES special correspondent to Chisinau, Moldova, Cristian Lupascu reports:
Joining the eurozone could be Romania's next major national project for the next decade, the deputy governor of the National Bank of Romania (BNR), Cosmin Marinescu, said on Friday.
He said at the international conference "New Technology for Old Markets" organised in Chisinau, that "Romania remains firmly committed to its strategic objective of joining the Eurozone and actively contributes to the European monetary policy."
"In the last two decades, Romania has recorded the fastest economic advance among the EU countries in terms of real convergence. Although the persistence of regional disparities remains a challenge, it is clear that development has been supported by EU integration, institutional changes and increased foreign investment. In the future, Romania remains firmly committed to its strategic objective of joining the euro area and actively contributes to European monetary policy. Personally, I believe that joining the Eurozone could be Romania's next big national project for the next decade," said Marinescu.
The BNR official also spoke of the need for Romania to enjoy financial stability, showing that "macroeconomic imbalances are not only sources of vulnerability, but also a test of policy coherence."
"In recent years, inflation, long-term interest rates and the government deficit have far exceeded the reference levels of the internal criteria. These vulnerabilities remind us that financial stability cannot be taken for granted. At the same time, they underline the need for decisive measures and reforms, which must be seen as investments in resilience and credibility, laying the foundations for more balanced and stronger economic growth in the long term. Equally important, financial sustainability depends on addressing the two deficits that weigh on our economy: the public deficit and the current account deficit. These macroeconomic imbalances are not only sources of vulnerability, but also a test of policy coherence. Correcting them requires decisive action, transparent dialogue and a consistent alignment of fiscal, monetary and structural policies. These efforts strengthen not only Romania's path to the eurozone, but also its long-term competitiveness and prosperity within the EU," added the BNR deputy governor.
Attending the conference "New Technology for Old Markets" were 25 international financial experts, including Governor of the National Bank of Moldova (BNM) Anca Dragu, Governor of the National Bank of France Francois Villeroy de Galhau, and Governor of the Central Bank of Bosnia and Herzegovina, Jasmina Selimovic.
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