Press Release: Commission concludes that Latvia is ready to adopt euro in 2014

On 5 June 2013, the European Commission published 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.

• Primary Source

ESO: Background information: Latvia and the euro http://www.europeansources.info/record/memo-latvia-and-the-euro/

ESO: Background information: Latvia: Reaching for the euro http://www.europeansources.info/record/letting-another-cyprus-in-the-dark-side-of-latvias-success-story/

European Commission: Rapid: MEMO/13/495: Convergence Report for Latvia: Frequently asked questions http://europa.eu/rapid/press-release_MEMO-13-495_en.htm

European Commission: Rapid: SPEECH/13/507: Press Speaking Points on the adoption Latvia's Convergence Report http://europa.eu/rapid/press-release_SPEECH-13-507_en.htm

Blog: Olli Rehn, 09.06.13: A decisive step for Latvia and its people http://blogs.ec.europa.eu/rehn/a-decisive-step-for-latvia-and-its-people/

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