Valentina Pop, EUObserver
BUCHAREST - The first EU country to get a bailout and to implement harsh austerity measures, Latvia is now the bloc's fastest-growing economy and is poised to join the eurozone in 2014 - proof that spending cuts work, its Prime Minister, Valdis Dombrovskis, told this website.
"We still plan to join the eurozone on 1 January 2014. According to the Bank of Latvia already since September we meet almost all criteria," Dombrovskis said in an interview last Thursday (19 October) during the European People's Party congress in Bucharest.
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Latvia on track to join euro in 2014, PM says