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President Iohannis and PM Ponta agreed on accession to the Eurozone in 2019

President Iohannis and PM Ponta agreed on accession to the Eurozone in 2019

President Klaus Iohannis, Prime Minister Victor Ponta and National Bank of Romania (BNR) Governor Mugur Isarescu discussed Romania switching over to the European single currency in 2019. “Given the special complexity of the process of joining the Eurozone, President Klaus Iohannis launched consultations on this topic, so that Romania is best prepared and the adoption of […]

Vienna 2 Initiative Steering Committee Discusses Deleveraging, Asset Quality and Implications of Banking Union Plans

Vienna 2 Initiative Steering Committee Discusses Deleveraging, Asset Quality and Implications of Banking Union Plans

The Steering Committee of the Vienna 2 Initiative met in Vienna on 14 January, 2013 to discuss deleveraging trends, asset quality, and next steps towards a banking union in light of the EU Council’s decisions in December 2012. Steering Committee members also met with key banking groups operating in Central, Eastern, and South-Eastern Europe in […]