Diplomat says UN may act as mediator at Astana talks between Damascus and oppositionRussian Politics & Diplomacy January 17, 21:31
Expert believes Brexit to bring UK closer to USWorld January 17, 20:29
Italian Foreign Ministry: It is necessary to assess conditions for returning to G8 formatWorld January 17, 20:04
Russia hopes ECHR will cancel its ruling on Dima Yakovlev Law — diplomatRussian Politics & Diplomacy January 17, 19:35
Preserving Moldova's neutrality impossible without partnership with Russia — presidentWorld January 17, 19:10
OPEC to monitor oil production, export — Saudi Arabian Energy MinisterBusiness & Economy January 17, 18:57
Group of Sukhoi-24M bombers to return from Syria soon — Defense MinistryMilitary & Defense January 17, 18:50
Russian reconciliation center reports over 1,130 Syrian settlements join ceasefireWorld January 17, 18:47
Over 5,000 Syrians get medical aid from Russian doctorsWorld January 17, 18:37
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.