PROS AND CONS FOR ADOPTING EUROJournal: The Journal CONTEMPORARY ECONOMY (Vol.1, No. 3)
Publication Date: 2016-09-30
Authors : Elena PĂDUREAN;
Page : 32-35
Keywords : Euro; single currency; adopt the Euro; monetary policy; exchange rate.;
By the establishment of the Euro monetary area, with two large pillars, the European Central Bank and the single currency, for the first time in history “a central European producer of symbol-currency appears, which not only delivers the state from the budget limitations imposed by the former regime (European Monetary System), but also opens for it and its partisans new ways for enrichment, at the expense of the other citizens. This is the true purpose of ECB and this is the intention of its creators” [Hulsmann].
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