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Wed 05 May 2010Estonia cleared to join euro zone
Estonia won the green light today to join the euro zone in 2011 and become its 17th member in what is likely to be the crisis-hit currency area's last enlargement for at least four years.
Despite European Central Bank doubts about how long Estonia can hold down inflation, the European Union's executive arm said the former Soviet republic of 1.4 million people was ready for the euro, unlike other, bigger hopefuls such as the Czech Republic, Hungary and Poland.
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