Tuesday, December 30, 2014

Historical closing the enlargement of the euro – publico

Historical closing the enlargement of the euro – publico

                 


                         
                     

                 

 
                         
                     


                         Despite the turmoil that still haunts the euro zone, entry into the single currency club the third and last of the Baltic countries, Lithuania (Estonia and Latvia had already entered, in 2011 and 2014), comes close emblematic form of a growth cycle which is still far from covering the entire European Union (the 29 member countries, only 19 use the euro, continuing the ten to use the old national currencies). And closes emblematic form because this joining the euro, there is a stro ng symbolic side: the Baltic States, which cut with the former Soviet Union categorically in 1990, are to integrate fully in Western Europe and to move away Eastern Europe. And if Estonia and Latvia have the lowest deficits in the EU, Lithuania follows in their footsteps: a deficit of 1.2% of GDP (less than half of the required in the euro area) and an increase of 3.5% in economy. This while the euro shakes …

 
                     
                 

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