From January 1st 2015, Latvian 6-months Presidency of the Council of the EU had begun. It was announced that The main goal of the Presidency will be to generate jobs and economic growth in the EU. Main task of the Latvian Presidency: To work on the Investment Plan for Europe; continue the
Tag: Latvia
Euro changeover in Latvia
Latvia adopted the euro on 1 January, thus becoming the 18th member of the euro area. The changeover is proceeding according to plan. According to a recent Commission survey, already two-thirds of cash payments in shops were made in euro only on the fourth changeover day (Saturday 4 January). Virtually all
Latvia is ready to adopt euro in 2014
The European Commission published 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