Risk in Contemporary Economy (Dec 2013)

THE EUROPEAN ROMANIA THROUGH THE WINDOW OF THE SCOREBOARD

  • Monica Susanu,
  • Viorica Ioan

Journal volume & issue
no. 1
pp. 197 – 205

Abstract

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By the Winter EU Summit in December 18, 2004 in Brussels, Romania concluded the accession negotiations and on April 25, 2005 at Neumünster Abbey in Luxembourg the Treaty of Accession was signed, so that from January 1, 2007, it to became a EU member with full rights and obligations. In the seven years after accession one can say that many things have changed, but a careful contextual analysis of some relevant macroeconomic indicators for Romania creates the impression that the changes are not entirely appropriate to the schedule of assumed obligations. Longtime expectations of wealth and basic individual freedoms which animated the entire Romanian population in a national consensus of historical value are still a part of the aspiration and motivation for the social reconfiguration that came after decades of communist tough oppression and deprivation.

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