Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/198089 
Authors: 
Year of Publication: 
2010
Citation: 
[Journal:] CES Working Papers [ISSN:] 2067-7693 [Volume:] 2 [Issue:] 4 [Publisher:] Alexandru Ioan Cuza University of Iasi, Centre for European Studies [Place:] Iasi [Year:] 2010 [Pages:] 33-37
Publisher: 
Alexandru Ioan Cuza University of Iasi, Centre for European Studies, Iasi
Abstract: 
Starting from 1999 sixteen countries have adopted euro as a single currency. Considering that the Maastricht Treaty stipulates that all the European Union countries must adopt euro once they meet the requirements stipulated it is not a question of “if to join the euro area”, but rather of “when”. Therefore adopting euro currency is not and it should not be a reversible process. The decision to participate the monetary union represents the expression of a decision to move forward, while leaving it would be nothing else but a step back.
Subjects: 
euro
reversibility
European Union
euro area
European Central Bank
Maastricht Treaty
Creative Commons License: 
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Document Type: 
Article

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