about us | newsletter | contact | archive | members area
Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

PM Grindeanu: Switchover to Euro only after Romanians' salaries are close to other EU states

Prime Minister Sorin Grindeanu said on Monday that the switchover to the Euro will be possible only after the Romanians' incomes get close to earnings in other European Union member states, according to Agerpres.

2017-04-10 12:51:58

"Let us make sure that this monetary convergence is done in parallel with the convergence of incomes," said Grindeanu. "We believe that the switchover to the euro can be done only after the Romanians' incomes get close to earnings in other EU member states."

The PM mentioned that Europe is currently witnessing intense debate on the future of the European construction, but in his opinion this should be an opportunity and not an obstacle.

"The debate dwells on a multi-speed Europe, but this should not be a reason of differentiation, but should rather show that we are all headed in the same direction. We must prove that Romania is determined to further support the EU cohesion policies and show that we all have the same goal - a stronger Union where member states have the same target," Sorin Grindeanu said. "We must learn from the practice of countries that have already switched to the euro from a position similar to that of Romania. We are talking about a major change which naturally encounters resistance, reluctance, but this is exactly why we are here today and will be here for in the future, to prepare this process as rigorously as possible."



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  4603 Views
Daily Info
BearingPoint reaches 560 employees in Romania

Dutch management and technology consultancy firm BearingPoint has reached 560 employees in Romania and plans to continue hiring, local Profit.ro reported.

Taxify Comfort launches in Bucharest to compete with Uber Select

Taxify is launching a new service in Bucharest for all its users, Taxify Comfort, which will include cars of a superior class compared to its regular service, such as Audi A6,...

Uber Eats launches in Bucharest

Uber announced the expansion of its global food delivery app to the Romania's capital. Residents of Bucharest will be able to open the Uber Eats app or visit ubereats.com to o...

AFI Europe Romania posts 13.6 million Euro net operating income, up 12 per cent in Q1 2018

AFI Europe Romania published its financial results; The Net Operating Income from its income producing assets in Romania reached 13.6 million Euro during Q1 2018, representi...

Deloitte Romania and Reff & Associates advised MAS in acquiring Militari Shopping Center

Deloitte Romania and Reff & Associates, member of Deloitte Legal in Romania, have advised MAS Real Estate in the acquisition of Militari Shopping Center from Atrium European R...

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

2 Comments

JLL Romania: 80 per cent of buildings under construction built according to international green standards

Stability and sustainability are the words that can describe the Romanian office market in 2017, according to Madalina Marinescu, Office Department consultant JLL Romania....

AFI Europe Romania: Romanian office market was exceptionally successful in 2017

The Romanian office market in 2017 was exceptionally successful, fuelled mainly by increased expansions and new entries in the IT&C, BPO sectors, as Tal Roma, Business Deve...

CW Echinox: Green certifications now a standard on the Romanian real estate market

2017 was a well-performing year for Bucharest's office market, with many new occupiers and expansions, and the delivered projects were rapidly absorbed, leading to a signif...

Great potential comes with big challenges

The residential market in Romania registered new record investments in 2017, one of its best years so far - and analysts said the trend will continue for sure this year.

1 Comment

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Ch...

1 Comment