BUCHAREST Cheap Jerseys China , April 20 (Xinhua) -- Romania's central bank governor Mugur Isarescu said on Monday that adopting the euro currency by the government's proposed target date of Jan. 1, 2019 is highly ambitious and there is the risk of slippage which could be extremely costly.


Isarescu told a conference related to euro zone entry that although Romania nominally meets all the five Maastricht criteria - a financial standard required to adopt the euro currency - and has made progress with real convergence, the regional disparities have widened over time.


"We are already in April 2015 and we still don't have a roadmap," he said Cheap Discount Jerseys , stressing that "adopting the euro currency by Jan. 1, 2019 means that we need to switch to the exchange rate mechanism (EMR II) first, by Jan. 1, 2016."


Romania is not ready to take that step Cheap Jerseys , he said, underlining that the economy, the exchange rate, and the interest rates are not exactly where they should be.


"Unless we clearly chart what we have to do in every quarter Wholesale NBA Basketball Jerseys , we don't have a roadmap and 2019 or any other deadline will lack credibility, causing us even more problems," said the governor.


"It was high time for us to discuss the track Romania has to follow...time is getting short for us to attain our target," said the central bank governor Wholesale Basketball Jerseys , adding that "in Romania things don't get done unless a target date is set."

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