No euro in Latvia before 2012: premier
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Latvia will not be ready to adopt the euro until 2012, and possibly even as late as 2013, because inflation in the Baltic country remains stubbornly high, Prime Minister Aigars Kalvitis said Friday.
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BERLIN Nov 8, 2004 - European Central Bank President Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to an all-time high of US$1.
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Latvia's new government will have its work cut out, reining in the Baltic EU member's soaring inflation rate, with experts predicting price increases are unlikely to ease until late next year.
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Latvian lawmakers approved a new center-right government Thursday that will face an uphill battle to restore popular trust and prevent the country's red-hot economy from abruptly reversing course.
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Investor's Business Daily - Austria's chancellor and Slovakia's prime minister sawed through a red and white border barrier in a symbolic extension of the EU's passport-free zone to former Eastern Bloc nations: the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. Support for the move is mixed, with the head of the EU's border watchdog agency warning that it will fuel illegal immigration.
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A trauma surgeon with no prior political experience and widely publicized tax problems was sworn in Sunday as Latvia's third president since the Baltic state gained independence in 1991.Valdis Zatlers, who once practiced medicine in the United States, was politically unknown until his candidacy was announced by the center-right government just days before the May 31 parliament vote. The government proposed the doctor, who is not a member of any political party, as a compromise candidate. The 52-year-old replaces Vaira Vike-Freiberga. Read more
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BRUXELLES, 6 DICEMBRE 2004 - L&#39;impennata della moneta unica europea, preoccupa i ministri delle finanze, il presidente della Bce e la Commissione Ue. &quot;Tutti i paesi piÃ¹ grandi e le aree economiche devono
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The dollar fell to a record against the euro as traders bet the European Central Bank won&#39;t step in to weaken the 12-nation currency.
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Latvian President Vaira Vike-Freiberga believes the Baltic leaders should not attend in Moscow the celebration of the 60th anniversary of victory in the Great Patriotic War.
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Jean-Claude Trichet, president of the European Central Bank, has made clear that a cut in interest rates is not on the central bank&#39;s agenda, despite the increasingly damaging
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Latvia's Parliament elected a surgeon with no political background as the Baltic country's next president Thursday.
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European Central Bank President Jean-Claude Trichet expressed concern Monday about the growing strength of the euro, saying a rally that sent the shared currency to an all-time high of US$1.
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When the euro was launched in 1999, politicians in the single currency area predicted it would come to rival the dollar as an international currency.
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Meeting with visiting Ukrainian Minister of Foreign Affairs Kostiantyn Hryschenko, President Vaira Vike-Freiberga of Latvia said that Ukraine may count on Latvia's support and experience in the former's bid for ...
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On Jan. 1, it becomes the first of the European Union's 10 newest members to adopt the euro.
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Latvian lawmakers have elected medical doctor Valdis Zatlers the third president of Latvia since the Baltic state won independence from the Soviet Union in 1991.
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The dollar slumped to a record low against the euro in Europe on expectations the region&#39;s leaders will fail to persuade the US to stem the slide in its currency when policy makers meet this weekend in Berlin.