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European Commission Confirms Approval for Latvia to Join the Eurozone

European Commission Confirms Approval for Latvia to Join the Eurozone

The European Commission has confirmed its approval for Latvia to join the Eurozone. Find the best immigration news on the official website of Worldway Immigration.

WorldWay Immigration5637 reads

Follow Latvia investment immigration and stay updated on Latvian news: The European Commission recently issued a statement confirming that the Baltic nation of Latvia has met all the necessary conditions to join the Eurozone, approving the country to become the 18th member state of the Eurozone effective January 1, 2014.

In accordance with relevant EU regulations, Latvia's accession to the Eurozone still requires approval from the European Council and the European Parliament. The European Commission stated that it has formally requested the European Council to approve Latvia's official adoption of the euro starting January 1, 2014. The European Council and the European Parliament are expected to formally approve this proposal in July.


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