FT: Romania, other Eastern European states delay euro adoption date
Poland and Hungary too have delayed their target dates. Poland had a previous target for 2012, but the new expectation is for 2019, the earliest. Hungary too doesn't expect to join the euro zone before 2020. Even euro-enthusiasts Lithuania and Latvia have a more cautious approach.
Of the 12 states that joined the EU since 2004, three - Slovakia, Slovenia and Estonia- have already adopted the euro. The rest are obliged to join but only when they meet the criteria.
Read the full FT article here.
editor@romania-insider.com
(photo source: Sxc.hu)