Scepticism grows over Estonia and Lithuania 2007 euro bid

Austrian finance minister Karl-Heinz Grasser has joined the European Commission in expressing doubts over plans by Estonia and Lithuania to enter the eurozone in 2007, with the German Bundesbank criticising the bloc's rush to enlarge the single currency zone.

Estonia, Lithuania and Slovenia are planning to enter the euro next January.

However, speaking to MEPs on Monday (23 January), the Austrian finance minister currently chairing the EU on economic issues, confirmed that only Sl...