Eurozone Integration - Performance and Risk to the National Economies

Abstract

Given the theoretical basis of achieving monetary union and the legal framework of euro adoption, this paper aims to analyze the advantages and disadvantages arising from the adoption of the single European currency - Euro, and the implications of the single currency on individuals and businesses. Also, in this paper we highlighted the situation of Romania regarding the introduction of the single currency and its implications on the Romanian economy.

Keywords

• euro adoption; economic risk; euro effects