Currency union

None of the countries that have yet to join the euro meet all accession criteria and many have even diverged from the long-set rules of euro membership, the European Central Bank has said in a report on prospective members.

The case for Europe has always rested on solving problems that countries could not address alone. After the Second World War, visionary leaders understood that the only way to secure peace on our continent was to unite our economies. And a united Europe would, in time, require a single currency to make the most of the economic benefits created by this peace dividend.

Even if Bulgaria's membership in the Eurozone is not approved, this does not mean that any sovereignty of the real monetary policy of the BNB will be preserved. An analysis by Krasen Stanchev, ClubZ.

"Sovereignty" is not linked to and is not "betrayed" by the introduction of the euro

Romania's switching to the European single currency, the euro, is likely to be postponed until 2030 due to the ongoing coronavirus crisis, Dragos Cabat, a member on the CFA Society Romania board, said on Tuesday, noting that there should be a decision at the political level to attempt to try to enter at least the Eurozone antechamber and meet the Maastricht conditions again.

If Romania were to switch to the euro now, it would be seriously affected by asymmetric shocks, and this is why it chose the middle path in its efforts to adopt the European single currency, considering that a real convergence of 70 - 75 percent - compared to the current 61 percent - is critical for this step, governor of the National Bank of Romania (BNR) Mugur Isarescu on Friday told the Buch

Domestic currency reaches lowest level in 2014

BELGRADE -- The Serbian dinar (RSD) continues its two-day decline against the euro (EUR) by dropping another 0.2 percent or 18 paras on Tuesday.

This set the medium exchange rate at RSD 116.4267 for one euro.

BELGRADE - Serbian dinar continues its two-day decline against the euro by dropping another 0.2 percent or 18 paras on Tuesday and reaching the medium exchange rate of EUR 1 = RSD 116.4267, which is the lowest value of the dinar against the euro in the course of this year, the National Bank of Serbia (NBS) stated in a release.