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Research Area

Monetary Policy

CPAG analyses monetary policy, inflation, interest rates, financial conditions and their interaction with economic growth, investment and macroeconomic stability in Romania and the wider European context.

Research PapersEuropean Institute of RomaniaJanuary 15, 2015

When Should Romania Join the European Banking Union, Sooner or Later?

Strategic study on Romania's accession to the European Banking Union, including the Single Supervisory Mechanism, accession scenarios, and European financial integration.

Research PapersEuropean Institute of RomaniaJanuary 15, 2012

Euro Plus Pact Adoption: Implications for Romanian Fiscal Policy

Strategic study on European economic governance and the implications of adopting the Euro Plus Pact for Romania's fiscal policy.