Latvia: Fit for the Eurozone
Politics ♦
Published: September 18, 2012; 18:27 ♦ (Vindobona)
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According to Latvia´s Central Bank, the country will fulfill the Maastricht criteria by the end of the year.
Latvia: Fit for the Eurozone / Picture: © Vindobona.org
The governor of Latvia´s Central Bank Ilmars Rimsevics, announced that the country will formally fulfill the Maastricht Criteria one year before Latvia becomes a member of the Eurozone. The Baltic country joins the Eurozone in 2014. The neighbor country Estonia became a Eurozone member in 2011. At the moment, Latvia´s inflation rate and the budget deficit are still above the…
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