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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."

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