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Europe Daily Bulletin No. 10884

10 July 2013
ECONOMY - FINANCE / (ae) eurozone
Latvia to join eurozone on 1 January 2014

Brussels, 09/07/2013 (Agence Europe) - On Tuesday 9 July, the Ecofin Council officially adopted the legal agreements allowing Latvia to become the eighteenth country in the eurozone on 1 January 2014.

Latvian Prime Minister Vladis Dombrovskis said it was a good day for Latvia and a good day for Europe. He listed the benefits for Latvia of joining the euro - interest rates will fall, the cost of currency exchange will fall and 70% of Latvia's foreign trade is already done in euro, and...

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ECONOMY - FINANCE
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