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Romania aims to join euro by 2019: budget minister

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(Globalpost/GlobalPost)

BUCHAREST (Reuters) - Romania's leftist government aims to join the euro zone at the start of 2019 as its economy has regained its footing under IMF-led aid deals after the financial crisis, Budget Minister Liviu Voinea said in a statement on Tuesday.

Romania, which joined the European Union in 2007, had initially set 2014 as its euro adoption target, before the financial crisis sent jitters across the 28-member bloc.

"Based on progress over real and nominal convergence, the development of structural reforms and solid economic growth prospects, the Romanian government has set January 1, 2019 as a target deadline for Romania joining the euro," the statement read.

(Reporting by Luiza Ilie; editing by Matthias Williams)

http://www.globalpost.com/dispatch/news/thomson-reuters/140506/romania-aims-join-euro-2019-budget-minister