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    STUDIA OECONOMICA - Issue no. 2 / 2004  
         
  Article:   TARGETING INFLATION AND THE TRANSITION TO THE EURO – TWO IMPORTANT CHALLENGES FOR THE ROMANIAN NATIONAL BANK.

Authors:  ELENA ARSENE.
 
       
         
  Abstract:  Targeting inflation represents for the Central Bank in the next years the main priority above any other objective of the monetary policy; in the article are shown a series of institutional and technical preconditions too, reactions generated by the Central Bank decision, the experience of other countries in targeting inflation. Although is a more remote objective (2010-2014), the transition to the euro is conditioned by the progress of structural reforms, by the fiscal consolidation and the reducing of arrears and consequently must be approached and prepared since from now on.  
         
     
         
         
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