Romania should join the Exchange Rate Mechanism II in order to be able to switch over to the European single currency some time in 2017-2020, according to findings in a study called ‘The balance exchange rate and its factors – Case study Romania,’ released on Thursday by the National Economic Projections Board (CNP). read more...

Prime Minister Victor Ponta said Thursday in Brussels that Romania has to make efforts to join the Eurozone, and that it certainly will not take this step before it is ready to do so. read more...