Changeover Euro: final countdown for Latvia
On 1st January 2014 Latvia will become the 18th EU member of the Euro area. During the first two weeks of the changeover Latvian Lats and Euros will circulate in parallel.
Today the European Commission adopted the thirteenth report on the practical preparations for the changeover. The report finds that Latvia’s preparations are overall well advanced and recommends further efforts in some areas during the final phase of the changeover.