adevarul.ro/economie/cristian-popa-bnr-despre-ader

Cristian Popa from BNR emphasizes that Romania must reduce its budget deficit below 3% of GDP and meet all convergence criteria before joining the eurozone. While BNR is technically prepared for the transition, significant efforts from all state institutions are necessary. The process involves both economic and political dimensions, with fiscal consolidation being crucial. Romania aims to achieve the deficit target by 2029-2030, allowing for serious discussions about euro adoption. However, challenges remain, including inflation control and public debt stabilization, which require political decisions beyond BNR's scope. Popa warns that while euro adoption has advantages, it also entails costs and risks, and the process should not be viewed as a panacea. Current evaluations indicate Romania does not yet meet all necessary criteria for euro adoption, including inflation and public debt levels.