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Cyprus to join euro in 2008 while Estonians hesitate

The Cypriot government has decided to join the eurozone in 2008, a few months later than originally planned, while opposition to the euro among Estonians is growing.

"After exhaustive discussions and evaluation of all the facts, the council of ministers approved the proposal to adopt the euro on January 1, 2008", a Cypriot government spokesman was quoted by AFP news agency as saying on Wednesday (2 November).

Nicosia had hoped it would join the single currency by 2007, just after ...

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