Romania will not join the euro zone in 2015 and should wait a year or two to ensure a healthy financial and economical situation, so that it doesn't follow Greece's footsteps, said economic analyst Nouriel Roubini (in picture), who was in Bucharest for a conference.

According to him, if joining the euro zone will occur in 2015, the pressure on politicians to adopt further reforms and austerity measures will be accelerated, adding that there are European countries that have not joined the euro area and still did well, just as there are examples of countries that joined the euro zone and had problems. “It is better to have things taken in small, but sure steps”, said Nouriel Roubini.

Romanian President Traian Basescu said at the beginning of May, during a meeting with representatives of the IMF, EC and the World Bank, that he insisted on keeping the objective of joining to the euro zone in 2015, but whether the target is feasible will be established in 2014.

Irina Popescu, irina.popescu@romania-insider.com

(photo source: Mediafax.ro)