Wednesday, February 24, 2010

Baltic States Reconsider Plans to Adopt the Euro

Baltic States Reconsider Plans to Adopt the Euro
"The tiny Baltic states have pursued closer integration with Europe with enormous zeal. But the price of monetary union may be giving them pause....

“Countries like Estonia and Latvia were once desperate to get in,” said Alf Vanags, director of the Baltic International Center for Economic Policy Studies in Riga. “The euro is not looking so attractive now.”"

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