Estonia to meet Maastricht criteria in 2009

Andres Lipstok, the governor of the Bank of Estonia, has said that the country will meet all the Maastricht criteria for euro entry later this year, reports say.

Reuters, a news agency, reported on Friday that Lipstok had said: "As we are looking, it is quite clear that we will fulfil all the criteria at the end of this year, if no new surprises are coming."

He added: "I can confirm we are ready to join as soon as possible and the latest date in 1 January 2001."

The five criteria for eurozone