LV: Latvia still heads to euro adoption-FinMin.

By bne IntelliNews June 6, 2012
FinMin Andris Vilks told the press that Latvia's main economic goal is to join eurozone by 2014 and it is going to stay on this course. Previously head of the Bank of Latvia Ilmars Rimsevics argued that Latvia should continue with thoroughly complying with Maastricht criteria for eurozone accession despite the eurozone crisis in some EU countries. Rimsevics reiterated the goal of adopting euro by 2014 and noted that Latvia still has a year to monitor the development of the situation in eurozone before revising that goal. Rimsevics also confirmed his previous announcement that the central bank expects GDP growth exceeding 3% this year.

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