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Romania Monetary Union & Eurozone News is an EIN News Service for political professionals. Constantly updated news and information about Romania EU Politics.
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Latest Romania Monetary Union & Eurozone News

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  • Verhofstadt invites Eastern Europe to adopt euro 27 Nov 2009 08:10 GMT
    ... Republic, Hungary, Estonia, Latvia, Lithuania, Bulgaria and Romania, as part of his plans for Eastern Europe, which ... euro until the country concerned joins the eurozone. The idea of introducing the euro early ... are outside the protective umbrella of the euro zone. The participation in the Eurozone is an ...

  • Economic optimism up across EU except in Romania.....and UK 27 Nov 2009 18:30 GMT
    ... increasing across Europe, except in Greece, Malta, Romania and the UK which all saw a drop in ... 1.9 points, and 2.7 points in the eurozone, marking an increase in both areas for ... 2009. The index remains significantly below the long-term average, however. Confidence in industry, which increased ...

  • EU MP: Bulgaria Should Adopt Euro as Crisis Protection 27 Nov 2009 23:31 GMT
    ... hit by the crisis, including Bulgaria and Romania. "East and Central European governments may want to ... rather than fully replacing it, as a short-term stability measure. The idea of introducing the ... This support - currently available only to Eurozone banks - would help fuel investment and consumption. ...

  • Link between Dubai and Hungarian assets revealed 27 Nov 2009 16:34 GMT
    ... CDS despite being a long way from EU membership, vs. Greece which has been part of the eurozone for a decade but burdened with spiraling government ... are the highest in 2.5 months, while Romania's is at 3-month peak. Even the Baltic region, just ...

  • Newly published market report: Computer Hardware in Germany 27 Nov 2009 08:12 GMT
    ... using constant annual average 2008 exchange rates. Europe comprises Belgium, the Czech Republic, Denmark, France, ... France, Germany, Hungary, Italy, Netherlands, Norway, Poland, Romania, Russia, Spain, Sweden, the Ukraine and the ... Prices, $ billion), 2004-2008 Table 15: Germany Inflation, 2004-2008 Table 16: Germany Exchange Rate, 2004-2008 ...

  • EU recession over, but sharp contrasts in east 22 Nov 2009 05:47 GMT
    ... the The situation in Poland, the only EU nation to have enjoyed sustained growth this ... rails last year. Latvia, like Hungary and Romania, has had to be bailed out by the International ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...

  • EU recession over but sharp contrasts in East 23 Nov 2009 05:12 GMT
    ... 10 ex-communist countries that have joined the EU since 2004. The situation in Poland, the ... rails last year. Latvia, like Hungary and Romania, has had to be bailed out by the International ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...

  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... the economic crisis has been delayed in Romania and Bulgaria, and it is assumed that 2010 will ... introduced the euro. Eight other east European EU member states still retain their national currencies. ... a member of the presiding board of Eurozone countries, warned of overly hasty moves to introduce ...

  • UPDATE 2-Hungary cbank trims rates by 50 bps, cuts CPI fcasts 23 Nov 2009 16:34 GMT
    ... facing a protracted recession, and consequently the inflationary pressure in the economy is practically nonexistent, ... seen almost over, but Hungary and neighbouring Romania -- where interest rates are the highest and ... bank has said it could undershoot its medium-term inflation target of three percent on the ...

  • Greece slips in global ranking 22 Nov 2009 20:11 GMT
    ... 17. Last year, Greece ranked lowest among eurozone countries. In this year’s analysis, it fell even ... even further, placing last in the 27-member EU bloc. However, some critics of the survey ... Balkans. It tied with Bulgaria, Fyrom and Romania, and came in behind countries such Ghana and Kuwait ...

  • UPDATE 1-Hungary cbank trims rates by 50 bps, more cuts seen 23 Nov 2009 14:14 GMT
    ... in March, and an expected fall in inflation next year has allowed the bank to ... bank has said it could undershoot its medium-term inflation target of three percent on the ... seen almost over, but Hungary and neighbouring Romania -- where interest rates are the highest and ...

  • Hungary cbank trims rates by 50 bps, more cuts seen 23 Nov 2009 14:55 GMT
    ... in March, and an expected fall in inflation next year has allowed the bank to ... bank has said it could undershoot its medium-term inflation target of three percent on the ... seen almost over, but Hungary and neighbouring Romania -- where interest rates are the highest and ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... who was on a brief trip to Europe this week, added that “The bigger risk ... keeping unproductive banks afloat and even stoking inflation. Certain economists are worried that the splurge ... countries in the region like Ukraine, Latvia, Romania and Serbia, still face “challenges,” he said. ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... foreseeable horizon.” Mr. Strauss-Kahn, who was visiting Europe this week, added that “the bigger risk ... keeping unproductive banks afloat and even stoking inflation. Some economists are worried that the splurge ... in the region - like Ukraine, Latvia, Romania and Serbia - still face “challenges,” he ...

  • EMERGING MARKETS-Up after Fed report; rouble eases 25 Nov 2009 11:51 GMT
    ... months," said Tim Ash, head of emerging Europe research at RBS. "Assuming oil prices remain ... 30.5 in the previous session while in Romania, mired in political stalemate, CDS fell to ... record gold prices. Latest data showed consumer inflation back within the central bank's 3-6 percent ...


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