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Cyprus with Euro?!

Thursday 15 February 2007

Cyprus has just asked to join the Euro-zone by January 1st, 2008. The European Commission and the Central European bank have to examine its application by mid-May 2007. The definitive decision must be taken during the European summit of next June. To date, the only one of the last ten countries members (i. e: entered the EU in May, 2004) to have adopted the euro is Slovenia: January 1st of this year.

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