When the Latvian Parliament Speaker Solvita Aboltina (Unity) spoke at a conference in Brussels, she explained that one of the country's major goal is to meet the Maastricht criteria and to join the euro zone in 2014. It also means that Latvia supports any initiative that can contribute to the stability of cooperation and competitiveness.
"Issues related to the future of the euro-zone are important for all EU members”, Aboltina explained according to news agency LETA.
Aboltina said that hard work was the main reason that Latvia has managed to avoid bankruptcy. She also added three important principles: stability, partnership and responsibility.
"The 2011 budget clearly shows the turning-point in the growth of the Latvian economy. If the previous two budgets were described as crisis budgets, then the 2011 budget is a stabilization budget", Aboltina pointed out.
