Monday, June 3, 2013

Voice of America: Latvia to Get Green Light for Eurozone Membership

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
Latvia to Get Green Light for Eurozone Membership
Jun 3rd 2013, 22:52

The European Commission will give Latvia on Wednesday the go-ahead to become the 18th member of the eurozone from the start of next year, European Union officials said on Monday.   The EU executive will publish a report on whether the small Baltic state meets all the criteria for membership of the single currency, which include low inflation and long-term interest rates, a stable exchange rate and low public debt and deficit.   Latvia, which underwent one of Europe's toughest ...

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