EU's Almunia says Cyprus, Malta meet euro criteria

EU economic and monetary affairs commissioner Joaquin Almunia said Monday 6 November after the publication of a report that Cyprus and Malta will be ready to join the eurozone by 2008.

Almunia said the two countries met the criteria on the basis of their economic performance.

"According to the Commission's autumn forecasts published today, the two countries will meet the criteria for inflation, debt and deficits," Almunia said at a news conference.

He said they will initially have to make an

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account