Estonia to begin road to euro in June

Published: 8 May 2004 y., Saturday
Print icon twitter icon facebook icon Send mail icon Print icon
Estonia will apply to join the European Exchange Rate mechanism, ERM-2, in June, Finance Minister Taavi Veskimagi said Thursday. Countries wishing to join the eurozone must be inside ERM-2 for at least two years before adopting the European single currency. Inside ERM-2, currencies are tied to a central parity against the euro and may only fluctuate by plus or minus 15 percent. Estonia, which joined the European Union on May 1, hopes to join the eurozone by 2007.
Šaltinis: Big News Network.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

European Globalisation Fund set to help workers in clothing industries in Spain

The European Commission approved an application from Spain for assistance from the EU Globalisation Adjustment Fund (EGF). more »

Business And Eeconomics
Published: 23/08/2010

European Commission calls for saving time and money in cross-border legal disputes through mediation

The European Commission today reiterated the potential of existing EU-rules on mediation in cross-border legal disputes, reminding Member States that these measures can only be effective if put in place by Member States at national level. more »

Business And Eeconomics
Published: 20/08/2010

New opportunities for export of animal products to Russia as certificates enter into force

Exports of animals and animal products from the European Union to Russia are expected to receive a boost after five new certificates for exports between the EU and the Russian Federation entered into force on August 15. more »

Business And Eeconomics
Published: 19/08/2010

World Bank President Zoellick Completes Two-Day Visit To Moldova

World Bank Group President Robert B. Zoellick visited Moldova on August 11-12 at the invitation of Prime Minister Vlad Filat. more »

Business And Eeconomics
Published: 13/08/2010

Profit of the first half of 2010 before loan impairment charges of Danske Bank A/S Lithuania branch is 28m LTL

These are the financial results of the banking activities of the Danske Bank Group in Lithuania (Danske Bankas and Danske Lizingas UAB). more »

Business And Eeconomics
Published: 10/08/2010

First European Investment Bank loan to Armenia for Yerevan metro upgrade

The European Investment Bank (EIB) today signed its first loan agreement with Armenia. more »

Business And Eeconomics
Published: 10/08/2010

Commission releases €14.9 million for food security to the Republic of Niger

Given the worsening food crisis in the Sahel, the Commission today agreed to disburse €14.9 million for food security in Niger, the worst affected country in the area. more »

Business And Eeconomics
Published: 10/08/2010

Commission approves the acquisition of joint control of Arnotts by Anglo Irish Bank and RBS

The European Commission has cleared under the EU Merger Regulation the proposed restructuring of Arnotts' debts in return for a transfer of control to Anglo Irish Bank and Royal Bank of Scotland (RBS). more »

Business And Eeconomics
Published: 10/08/2010

European Commission approves €135 million in grants to Morocco for 2010

The European Commission today approved a new financial support package of €135 million for Morocco. more »

Business And Eeconomics
Published: 09/08/2010

The Commission allocates an additional €10 million package in humanitarian aid for Liberia

The European Commission is allocating an extra €10 million in humanitarian aid for Liberia. more »

Business And Eeconomics
Published: 06/08/2010

Top News

Penki kontinentai BS/2 ASHBURN International SUNM