Romania’s government gives up plans to join the euro zone in 2015 because euro zone member states do not want a non competitive partner and Romanian authorities do not wish to give up the force of the exchange rate and the reference interest rate. The National Lottery did not pay taxes worth 313 million euro since June 2009. A cooperation agreement between Constanta and Rotterdam ports has been signed. Eastern Europeans migrating in Great Britain could request 1.130 euro/month aid plus a house.
Evenimentul Zilei reads on Tuesday about the main reasons for which the government decided to postpone joining the euro in 2015. The newspaper reads that euro zone EU member states do not want a non competitive member among them and Romanian authorities do not wish to relinquish the exchange rate and the reference interest rate.
National Central Bank chief economist Valentin Lazea said that if the government will join the European mechanism of exchange rates in 2013 – 2014 then most probably Romania will join the euro zone in 2016 – 2017. Any state wishing to adopt the European currency needs to comply with five conditions: inflation ceilings, interests of the state titles on the long term, exchange rates, budgetary deficit and public debt.
Even though some criteria are already complied with by Romania, the inflation and budgetary deficit are far from the targets set in the Maastricht Treaty. For now, no government member did not publicly inform on the decision to postpone the adoption of the euro.
Romania libera reads that the state lost a 313 million euro lottery ticket, referring to the debt the National Lottery has to the state, in taxes. Financial inspectors claim that the National Lottery has been exploiting since June 2009 betting games for which it did not pay taxes to the state.
The report refers to slot mach
