Transition from dollar to euro: NBU names timelines, and IMF - conditions.

Transition from dollar to euro: NBU names timelines, and IMF - conditions
Transition from dollar to euro: NBU names timelines, and IMF - conditions
IMF Executive Director Vitas Vasiliauskas emphasized the importance of adapting Ukraine's legal system to European standards. He stressed that EU membership should be a strategic goal for the country and urged to adapt the system and join the 'club'.Deputy Head of the National Bank of Ukraine Serhiy Nikolaychuk noted that the transition to euro for Ukraine is a distant plan and can only be considered in 10-15 years. However, cooperation with eurozone countries may strengthen over Time.Currently, the National Bank of Ukraine is still exploring the possibility of transitioning to euro, so this issue remains at the discussion stage. However, it is important to adapt the legal system to European standards to bring Ukraine closer to EU membership. The real transition to euro is still far off, but cooperation with eurozone countries may be strengthened in the future.

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