Green light for Euro in Latvia
A statement released by the European Commission on Wednesday said that Latvia had "achieved a high degree of sustainable economic convergence with the euro area" and recommended that the Council of Europe clear the way for Latvia to enter the eurozone on January 1, 2014. Left with few choices, the EU Commission has given crisis-struck countries more time for reform. Now itʼs up to members states, especially France, to use the time to implement reform, says DWʼs Bernd Riegert. EU Economy Commissioner Olli Rehn praised Latvia for its efforts to combat economic challenges during the global financial crisis and said the country had emerged stronger as a result. "Following the deep recession of 2008-09, Latvia took decisive policy action, which improved the flexibility and adjustment capacity of the economy."
Hungary Gasoline Prices 3% Over Regional Avg
Gov't Considering Fuel Price Intervention
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
