But I would like to give you a word of caution concerning the conversion rate between your currency and the euro and my remarks apply to all candidate countries for euro area membership, not only to Romania. This conversion rate is the key to euro area accession and, once fixed, it is irrevocable for each participating currency.
“This observation is a universal truth, and Both Sides of the Coin helps us and future generations to understand the past forty-five years of the Central Bank of Barbados: its work, its mission, its vision, its journey and its people, like many of you and me. That perspective is, in a nutshell, why we wrote this book.