Press Release: Euro area countries recommend Latvia euro accession

The euro area member states on 21 June 2013 adopted a recommendation in favour of a proposal to allow Latvia to join the currency union on 1 January 2014.

They agreed with the European Commission's assessment that Latvia has achieved a high degree of sustainable convergence and therefore fulfils the necessary conditions for adoption of the euro as its currency.

ESO: Background information: Commission concludes that Latvia is ready to adopt euro in 2014 http://www.europeansources.info/record/press-release-commission-concludes-that-latvia-is-ready-to-adopt-euro-in-2014/

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