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Romania is not skeptical about joining the euro, but we are trying to be realistic and to ensure a certain amount of time for this moment, governor of the National Bank of Romania (BNR) Mugur Isarescu told a specialist conference on Thursday.
According to the BNR governor, joining the euro by the new member states is a matter of "when," not of "if."
Isarescu also mentioned that sustainable convergence is needed, and Romania must be aware that several key requirements must be fulfilled in order to truly benefit from joining the euro, and that it's not just nominal convergence that is key to the sustainability of the single currency's adoption, but also structural or institutional convergence.
The National Bank of Romania organised on Thursday in cooperation with the European League for Economic Cooperation - Romania the conference 'The Danube Triangle' on 'Convergence towards euro enlargement'.
