Fire of fuel tank kills 123 people in Pakistan - TVWorld June 25, 7:58
Muslims worldwide celebrate Eid al-FitrSociety & Culture June 25, 5:18
Mexico knocks out Russia from FIFA Confederations Cup with 2-1 win in KazanSport June 24, 19:59
Putin visits Crimean youth camp ArtekSociety & Culture June 24, 19:42
Conflict around Qatar should be settled by diplomatic means - source at Foreign MinistryRussian Politics & Diplomacy June 24, 16:44
More than 237,000 fans attend Confederations Cup matches already - Deputy PM MutkoSport June 24, 15:03
Sistema's president hopes for dialogue with Rosneft on settlement agreementBusiness & Economy June 24, 14:56
CNN deletes article about meeting between Scaramucci and Russian Direct Investment FundWorld June 24, 13:12
Ukrainian Army units shell Donetsk Republic in first hours of newceasefireWorld June 24, 5:19
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.