AIRLINK 196.16 Increased By ▲ 4.32 (2.25%)
BOP 10.06 Increased By ▲ 0.19 (1.93%)
CNERGY 7.79 Increased By ▲ 0.12 (1.56%)
FCCL 37.97 Increased By ▲ 0.11 (0.29%)
FFL 15.85 Increased By ▲ 0.09 (0.57%)
FLYNG 24.89 Decreased By ▼ -0.42 (-1.66%)
HUBC 131.02 Increased By ▲ 0.85 (0.65%)
HUMNL 13.71 Increased By ▲ 0.12 (0.88%)
KEL 4.64 Decreased By ▼ -0.03 (-0.64%)
KOSM 6.20 Decreased By ▼ -0.01 (-0.16%)
MLCF 44.90 Increased By ▲ 0.61 (1.38%)
OGDC 208.39 Increased By ▲ 1.52 (0.73%)
PACE 6.63 Increased By ▲ 0.07 (1.07%)
PAEL 40.42 Decreased By ▼ -0.13 (-0.32%)
PIAHCLA 17.63 Increased By ▲ 0.04 (0.23%)
PIBTL 8.04 Decreased By ▼ -0.03 (-0.37%)
POWER 9.29 Increased By ▲ 0.05 (0.54%)
PPL 179.27 Increased By ▲ 0.71 (0.4%)
PRL 39.61 Increased By ▲ 0.53 (1.36%)
PTC 24.20 Increased By ▲ 0.06 (0.25%)
SEARL 109.75 Increased By ▲ 1.90 (1.76%)
SILK 1.01 Increased By ▲ 0.04 (4.12%)
SSGC 38.00 Decreased By ▼ -1.11 (-2.84%)
SYM 18.90 Decreased By ▼ -0.22 (-1.15%)
TELE 8.59 Decreased By ▼ -0.01 (-0.12%)
TPLP 12.15 Decreased By ▼ -0.22 (-1.78%)
TRG 65.44 Decreased By ▼ -0.57 (-0.86%)
WAVESAPP 12.27 Decreased By ▼ -0.51 (-3.99%)
WTL 1.68 Decreased By ▼ -0.02 (-1.18%)
YOUW 3.93 Decreased By ▼ -0.02 (-0.51%)
BR100 12,058 Increased By 128.1 (1.07%)
BR30 35,846 Increased By 186.8 (0.52%)
KSE100 114,669 Increased By 1462.3 (1.29%)
KSE30 36,019 Increased By 453.7 (1.28%)

imageFRANKFURT: The eurozone is not expected to welcome any new members in the coming years, as the region's long crisis seems to have put some countries off, deputy European Commission chief said in a newspaper interview Monday.

"No new members are expected to join in the next few years," Valdis Dombrovskis told the daily Die Welt.

Dombrovskis is the EU Commissioner in charge of the euro and social dialogue.

Out of the 28 EU member states, 19 have signed up to the single currency.

"Before a country joins the euro, it must have a fixed exchange rate to the euro. This mechanism is the waiting room for eurozone membership," Dombrovskis said.

But at the moment, no EU member is in the "euro waiting room", with the exception of Denmark, which has a special status, he said.

Dombrovskis said that Bulgaria and Romania had both expressed interest in taking the first step to joining the euro.

And preliminary talks have also been held with the previous government in Poland.

"But it may be the case that the new government in Warsaw is somewhat more reserved," Dombrovskis said.

"Initially, joining the euro seemed attractive to the new EU members. But the euro crisis changed this. And the Greek crisis all the more so," he said.

The last countries to join the euro were Latvia in 2014 and Lithuania in 2015.

Copyright AFP (Agence France-Presse), 2015

Comments

Comments are closed.