Latvia ready to link to euro, official says

A Finance Ministry official was quoted as saying that Latvia is ready to link its currency to the euro in a two-year test period prior to adopting the single currency.

Government and central bank officials will tell a team from the European Commission, the EU's Brussels-based executive arm, that the nation can immediately join the exchange-rate mechanism, said Modris Sprudzans, chief adviser to Finance Minister Oskars Sprundzins according to Bloomberg.

``Latvia is ready to participate in the me