Romania considers speeding up euro adoption plan
25 February 2009

Romania's government may speed up plans to move into the eurozone and more closely link the economy with other EU members, Prime Minister Emil Boc says.

The PM told Bloomberg in Bucharest today that the government is aiming to
make a decision on whether to try and adopt the euro before the current target of 2014.

Central bank Governor Mugur Isarescu has said Romania needs to slow inflation to an annual 3% or 4% by 2010 to ensure euro adoption in 2014. Annual inflation rose to 6.7% in January from 6.3% in December.

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