The EU members that have not yet done so should strive to meet the criteria for adopting the euro, EU Commissioner for Economic and Financial Affairs Joaquin Almunia told a conference on economic effects of EU enlargement in Prague. “The euro provides a considerable shield from the worst effects of economic turbulence, as we have seen during the current crisis,” Almunia said. He also said that an expanding eurozone would “help reap the full benefits” of EU’s single market.
