Romania will be able to join euro zone when it meets criteria – Rehn

Romania will be able to enter the euro zone when it meets all the criteria, the European Union Economic and Monetary Affairs Commissioner Olli Rehn said in Zagreb on Saturday at the Jacques de Larosiere conference – a traditional event at the EBRD Governors General Meeting.

The European Union is an organisation based on rules and Romania must meet all the convergence criteria to enter the euro zone, said Rehn. He underscored the rules are the cornerstone of the European building, because the Union does not have a common history or common cultural traditions. The respect for the rules replaces such traditions and all members enjoy equal treatment, without ‘ shortcuts’ to the euro zone, he added. Romania must cope with challenges now and the EU is committed to supporting it, the commissioner stressed.

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