Monday, May 26, 2008

Minister: Romania could adopt euro in 2014

BUCHAREST, May 24 (Xinhua) -- Romania could enter the euro zone on January 1, 2014, Minister of Economy and Finance Varujan Vosganian said in northeastern city Suceava on Saturday.

Vosganian said in the period 2012 through 2014 it is most likely that the payments will be made both in euros and in lei, but a decision to this end is to be taken by the governor of Romania's National Bank.

Vosganian voiced hope that the ministry he leads is to meet the incumbent obligations in this matter, so that the moment of entering the euro zone will be January 1, 2014.

Romanian President Traian Basescu said on Friday Romania has to set as a target the adoption of the euro in 2014.

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