Risk expert believes Romania should join the Banking Union even without adopting the Euro

Romanian should consider joining the Banking Union even if the country is not yet part of the Eurozone, Deloitte Risk Advisory Partner Dimitris Goranitis writes in an opinion piece. The move would bring several important benefits for the local banking sector and would allow Romania to gain a position of influence in the EU, he believes.

“It is important for Romania to have a seat at the table to be able to co-decide with its Eurozone partners the future of European banking regulation,” Goranitis says. “It should be seen as a matter of national interest in the same way that Romania participates as an active member in all European legislation.”