Communication breakdown between Russia and EU deters fight against real threats — MPRussian Politics & Diplomacy February 27, 17:40
Medvedev says Russia should not rely on anybody’s helpRussian Politics & Diplomacy February 27, 17:09
Russian Bandy Federation cancels match results after two teams score 20 own-goalsSport February 27, 17:06
Russia’s 2017 grain export may not meet 40 mln tonnes target — agriculture ministerBusiness & Economy February 27, 17:04
Spain’s footballer Puyol finds St. Petersburg’s Zenit-Arena stadium impressiveSport February 27, 17:02
Putin: Russia's military base in Tajikistan to ensure security of border with AfghanistanRussian Politics & Diplomacy February 27, 16:57
Cut-off price in new fiscal rule to remain at $40 per barrel — ministerBusiness & Economy February 27, 16:39
Russian MP says French delegation to support Russia’s return to PACERussian Politics & Diplomacy February 27, 16:35
Russian, French senators set up strategic parliamentary dialogWorld February 27, 16:19
BRUSSELS, June 5 (Itar-Tass) - Latvia has complied with the established criteria for the admission to the eurozone in 2014, the European Commission and the European Central Bank said in a report released on Wednesday. Thus, another technical step has been taken in favor of Latvia's admission into the euro group.
This resolution was expected because a principle decision on Latvia's admission to the eurozone had been adopted at the EU summit last December.
Now, the Economics and Financial Affairs Council (ECOFIN) is to approve Latvia's accession to the eurozone at its session scheduled in Brussels for July 9.
Latvia is the 18th country in succession to join the eurozone.
The European Commission has expressed hope that by the moment Latvia joins the eurozone the monetary union will be able to overcome the recession which continues since last autumn.