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Commission concludes that Latvia is ready to adopt euro in 2014

EU News 271/2013

Brussels, 5 June 2013
IP/13/500

Today, the European Commission publishes its 2013 Convergence Report on Latvia, together with a citizen's summary that briefly explains the report and the rationale behind it. The Commission concludes that Latvia has achieved a high degree of sustainable economic convergence with the euro area and proposes that the Council decide on Latvia’s adoption of the euro as from 1 January 2014.

Source and additional information:
http://europa.eu/rapid/press-release_IP-13-500_en.htm?locale=en

Olli Rehn Date: 05/06/2013 Reference: P-023421/00-05 Location: Brussels - EC/Berlaymont (C)EU, 2013 URL