Cyprus and Malta to adopt euros
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Cyprus and Malta clear the final hurdle and are now set to adopt the euro on 1 January 2008.
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The European Union's head office was set to approve proposals Friday to inject more flexibility into the oft-flouted budget rules behind the euro.
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Brussels says the EU's newest members should adopt the euro in one step, in contrast to the currency's original phased introduction.
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In the declaration attached to Malta's Accession Treaty to the European Union on the island region of Gozo, it was declared that before the end of each Community budgetary period entailing a redefinition of the ...
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Turkey and the European Union on Friday agreed a compromise to resolve differences over Turkish recognition of Cyprus paving the way for EU membership talks in October.
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European Union finance ministers said yesterday that Europe and the US must both act to stem the euroâs rise against the US dollar.
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The European Union has agreed to resume direct financial aid to the Palestinian Authority but it is still working out how to transfer the money.
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Bulgaria's government and central bank on Thursday signed an agreement about their mutual obligations related to the adoption of the single European currency, the euro.
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Capodanno storico a Nicosia e La Valletta per debutto euro
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Â· Tusk government aims to join euro within five years Â· Defeated leader's twin retains veto as president
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Business: 16 October 2004, Saturday. After Bulgaria joins the European Union in 2007, it will be considered as India's gateway to the common European market, according to the Indian Financial Express daily.
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Next year the European Union is to give Malta â¬35,000 (Euros) for animal disease testing - the Maltese Agricultural Authorities will test cattle and sheep for BSE.
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BUDAPEST - Hungary will stick to its new euro plan, endorsed by the European Commission on Tuesday, after years of huge budget deficits derailed earlier hopes to join the single currency, Prime Minister Ferenc ...Comment
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The European Union expects Turkey to initial an accord Friday giving Cyprus de facto recognition and sign it before Ankara opens EU membership talks on Oct. 3, 2005, a draft summit statement said Friday.
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European Union leaders and Turkey agreed today on a compromise formula to overcome differences over Turkish recognition of Cyprusâ government as a condition for opening EU membership talks, diplomats said.
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An EU agency has started helping Malta deal with an influx of African migrants - but more resources are needed.
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The European Union expects Turkey to  initial an accord Friday giving Cyprus de facto recognition and  sign it before Ankara opens EU membership talks on Oct. 3,  2005, a draft summit statement said Friday.