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Latvia requests EU figures on readiness to join eurozone
Saudi Press Agency Published in Saudi Press Agency on 04 - 03 - 2013

Latvia on Monday requested information from EU bodies
about its readiness to join the euro currency bloc, dpa reported.
Latvian Prime Minister Valdis Dombrovskis sent a letter to the
EU Commission and European Central Bank requesting a convergence
report on his country's readiness to join the eurozone.
Latvia hopes to exchange its lats for euros on January 1.
According to its own data, the country has fulfilled eurozone
fiscal standards regarding debt and deficit levels since September
2012.
If it joins as planned, Latvia would become the 18th member of the
eurozone.
It will also become the second Baltic nation in the currency bloc.
Estonia joined in 2011, while Lithuania hopes to join in 2015.

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