‘Latvia ready to adopt the euro’

Published on 6 June 2013 at 09:36

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The EU Commission approved Latvia’s entry into the Eurozone as of January 1, 2014. The country has met the convergence criteria, the Commission says in a report published on June 5.

Latvian daily Diena reports, however, that

although the green light for Latvia to join the Eurozone was expected and is a mere formality, we need to remember that our society as a whole made many sacrifices to achieve this goal and that this report is, in a way, the ransom. […] The only problem is that more and more critical voices are being heard questioning these same convergence criteria. It is possible that the figures for which we fought so hard will turn out to have been flawed.

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