The global financial crisis will delay the adoption of the euro in most Central and Eastern European states, due to an increase in public deficit, a press release of the financial evaluation company Fitch Ratings reads.
Estonia is an exception, since it is scheduled to join the euro zone in 2011. The latest Fitch estimates reveal that Estonia will enter the euro zone in 2011, Lithuania 2014 while Bulgaria, Hungary, Latvia, Poland and Romania will join in 2015. The Czech Republic will join in 2016, the press release reads.
