The ten new member states that joined the EU in May have a very long way to go before they can join the single currency, according to a European Commission report published today (20 October).
Not one of the ten countries yet meets all five economic criteria set by the European Commission for joining the euro zone, reveals the report.
Lithuania is the closest, with three of the criteria passed.
Sweden - whose voters overwhelmingly rejected the euro in last year's referend...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login