Follow Latvia immigration and Latvia news: On the 10th, President of the European Council Herman Van Rompuy and President of the European Commission José Manuel Barroso attended the ceremony for Latvia's accession to the Eurozone in Riga.
The ceremony was held in the Small Guild Hall located in the Old Town of Riga. In his speech, Barroso stated that Latvia's accession to the Eurozone would enhance its influence and make it more attractive to investors. Van Rompuy expressed that the new currency would bring political and economic benefits to Latvia, leading it towards the core of Europe and enhancing its ability to withstand external factors.
Latvian Prime Minister Valdis Dombrovskis expressed gratitude to all those who assisted during Latvia's accession to the Eurozone in his speech.
Before the ceremony began, Van Rompuy and Barroso met with Dombrovskis to discuss topics such as establishing a banking union and strengthening the monetary union.
Latvia officially joined the Eurozone on January 1 of this year, becoming the 18th member of the Eurozone.
