101. Greece wants to adopt the euro, but does not meet economic requirements for joining. 102. He noted that flags removed so far included those of Turkey, Brazil, Argentina and nations adopting the euro as their main currency. 103. He reiterated, however, that Britain would not adopt the euro unless it was approved by voters in a referendum. 104. He also said nations hoping to adopt the euro must have their currency within the fixed exchange rate bands for at least two years. 105. His position as government adviser was supposed to be as an objective source of information on whether Austria would gain or lose by adopting the euro. 106. However, Belgium is hoping to adopt the euro under a clause that allows nations to enter if their debt is falling consistantly toward the required level. 107. His policy rules out adopting the euro for nearly a decade, and perhaps longer. 108. It wants to soften a German-inspired deal that bans countries from excessive public spending after they adopt the euro. 109. It questions a German-inspired accord to fine countries that meet the criteria for adopting the euro, then backslide through excessive public spending. 110. Italian Finance Minister Carlo Ciampi downplayed such doubts Monday, insisting Italy will be among the first group to adopt the euro. |