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International Internet Magazine. Baltic States news & analytics Tuesday, 24.06.2025, 10:59

Latvian PM: every reason to believe Convergence Report will be positive

BC, Riga, 04.03.2013.Print version
In signing for the ECB and EC to prepare an extra Convergence Report in order for Latvia to receive the invitation to join the eurozone, Prime Minister Valdis Dombrovskis (Unity) commented today that there is every reason to believe that it will be positive, informs LETA.

Central bank's president Ilmars Rimsevics, Valdis Dombrovskis and FinMin Andris Vilks. Riga, 4.03.2013. Photo: flickr.com

He pointed out that Latvia's ability to meet Maastricht criteria attests to this, and the outlook that it will be able to continue to do so in the future. "That's a serious job - meeting Maastricht criteria," he added.

 

Dombrovskis reminded however that "nothing is over with this [Report], as it is only a formality on the road to euro; unanimous support from the EU member states is necessary."






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