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May 23, 2022

PM Ponta: Referendum on euro adoption possible in 2017, 2018

Prime Minister Victor Ponta says he has not yet discussed with President Klaus the idea of a referendum on the adoption of the euro by Romania. Speaking after the Euromoney Regional Finance and Investment Conference for Southeast Europe on Thursday, he asserted that a political decision on the matter would be possible in 2017 or 2018, depending on the technical preparedness.

“Strictly politically,” such a referendum would be an excellent thing, he insisted.

“After President Iohannis organizes consultations with the Government, the Parliament, the National Bank, the labour unions, the employers, we definitely have to form a small technical group to draft a ‘to do list’, a very clear thing on the steps to take for meeting all the conditions set in the treaties to become members of the Eurozone,” the prime minister detailed.

He added that Romanians were pro-European and “will definitely be pro-euro, too,” when they are well-informed on the matter.

Past talks about the euro set the political goal of adopting the European single currency in the second half of 2019, Ponta mentioned. It was “symbolically linked, of course, with the moment when Romania takes over the presidency of the [European] Union. So it’s an equally economic, political and symbolic decision. Further, however, the things will result from consultations at Cotroceni,” he concluded.


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