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Dombrovskis (l) is a strong believer in fiscal discipline and austerity measures (Photo: consilium.europa.eu)

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Latvia on track to join euro in 2014, PM says

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 Peopl...

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Dombrovskis (l) is a strong believer in fiscal discipline and austerity measures (Photo: consilium.europa.eu)

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