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Europe Daily Bulletin No. 9197

23 May 2006
Contents Publication in full By article 17 / 36
GENERAL NEWS / (eu) eu/emu
Latvia must review its objective on joining euro zone

Brussels, 22/05/2006 (Agence Europe) - As a candidate to join the single currency in 2008, Latvia may have to change its mind. The Latvian Finance Minister, Oskars Spurdzins, is still to submit a report on his country's capacity to join the euro zone in 2008, a diplomat told EUROPE on Monday, but for Riga, the current aim seems to be to distance itself. First of all, Latvia would have to be able to reduce its annual inflation rate significantly; at its current rate, it could exceed 6.9% in...

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