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Cyprus News Agency: News in English, 06-11-06
CONTENTS
[01] ALMUNIA - CYPRUS - MALTA - EMU
[01] ALMUNIA - CYPRUS - MALTA - EMU
Cyprus and Malta according to the European Commission`s Autumn 2006
economic forecasts can join the Economic and Monetary Union (EMU) on
January 1st, 2008, as they wish, EU Commissioner for Economic and
Monetary Affairs Joaquin Almunia has said.
The Spanish Commissioner said the two countries fulfill the criteria
for the accession in the eurozone adding that the governments of Cyprus
and Malta should submit at the beginning of next year their
applications for accession. In April the Commission and the European
Central Bank will issue their decision.
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