Central bank governor Isarescu: National Bank has balanced approach to euro adoption

The National Bank of Romania (BNR) has a balanced approach to the adoption of the euro, BNR governor Mugur Isarescu said on Tuesday, mentioning that this requires a high real convergence, as well as keeping the pace after Romania joins the eurozone, according to Agerpres.

“On the one hand, we are fully aware of the need for a high real convergence rate of at least 70-75 percent of the eurozone average in terms of per capita GDP at purchasing power parity.

Taken to www.agerpres.ro