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The amendments would make the BNR's statute an organic law to ensure "institutional and functional stability" and would allow for "transfer of BNR tasks to the ECB and introduction of the Euro as legal tender". In 2014, Romania's Convergence Report set the target date for the euro adoption as 1 January 2019.
The National Bank of Romania (Romanian: Banca Națională a României, BNR) is the central bank of Romania and was established in April 1880. Its headquarters are located in the capital city of Bucharest .
On 1 July 2005, Romania underwent a currency reform, switching from the previous leu (ROL) to a new leu (RON). 1 RON is equal to 10,000 ROL. Romania joined the European Union on 1 January 2007 and initially hoped to adopt the euro in 2014, [ 80 ] but with the deepening of the Euro crisis and with its own problems, such as a low workforce ...
continuous rows BNR: 1943–1945 5,000 L 166 × 91 blue Decebal, Nerva Traian, the middle coat of arms, industrial, urban and rural landscape Nerva Traian: 1943 continuous rows BNR: 1945 10,000 L 194 × 107 brown, pink Romanian peasant women, the middle coat of arms, value Romanian peasant women, the middle coat of arms: continuous rows BNR ...
The minimum wage in Romania is the lowest monthly or hourly remuneration that employers are legally allowed to pay their workers in Romania.The sum is decided by the Romanian government and is subject to periodic reviews and adjustments based on economic indicators, inflation rates, and other relevant factors.
The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.
The 1 euro coin (€1) is a euro coin with a value of one euro. It is made of two alloys: the inner part of cupronickel, the outer part of nickel brass. All coins have a common reverse side and country-specific national sides. The coin has been used since 2002, with the present common side design dating from 2007.
The euro is used in the 20 eurozone countries and 4 European microstates (dark blue). It is also used de facto in (Montenegro and Kosovo) (red) The euro came into existence on 1 January 1999. [2] The euro's creation had been a goal of the European Union (EU) and its predecessors since the 1960s. [2]