{"id":14083,"date":"2013-06-05T19:50:57","date_gmt":"2013-06-05T15:50:57","guid":{"rendered":"https:\/\/archive2.ankakh.com\/?p=14083"},"modified":"2013-06-05T19:50:57","modified_gmt":"2013-06-05T15:50:57","slug":"eu-gives-latvia-green-light-to-join-euro","status":"publish","type":"post","link":"https:\/\/archive2.ankakh.com\/en\/?p=14083","title":{"rendered":"EU gives Latvia green light to join euro"},"content":{"rendered":"<p><a href=\"https:\/\/archive2.ankakh.com\/wp-content\/uploads\/2013\/06\/1\u053c\u0561\u057f\u057e\u056b\u0561\u0576-\u056f\u0561\u0580\u0578\u0572-\u0567-\u0574\u057f\u0576\u0565\u056c-\u0565\u057e\u0580\u0561\u0563\u0578\u057f\u056b.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-14085\" alt=\"1\u053c\u0561\u057f\u057e\u056b\u0561\u0576 \u056f\u0561\u0580\u0578\u0572 \u0567 \u0574\u057f\u0576\u0565\u056c \u0565\u057e\u0580\u0561\u0563\u0578\u057f\u056b\" src=\"https:\/\/archive2.ankakh.com\/wp-content\/uploads\/2013\/06\/1\u053c\u0561\u057f\u057e\u056b\u0561\u0576-\u056f\u0561\u0580\u0578\u0572-\u0567-\u0574\u057f\u0576\u0565\u056c-\u0565\u057e\u0580\u0561\u0563\u0578\u057f\u056b.jpg\" width=\"287\" height=\"176\" \/><\/a>The European Commission on Wednesday gave Latvia a green light to join the 17-nation eurozone in January, saying the country met the conditions to join the single currency and had successfully overcome its 2008-2009 crisis.<\/p>\n<div>&#8220;The Commission concludes that Latvia is ready to adopt the euro in 2014,&#8221; said a report from the EU executive commending the country&#8217;s economic management over the last few years.<\/div>\n<div>The report will be handed to the European Parliament and to finance ministers from the 17 nations sharing the currency, who in July will formally hand down a decision on Latvia becoming the 18th member of the euro area.<\/div>\n<div>The Commission said &#8220;Latvia has achieved a high degree of sustainable economic convergence with the euro area and proposes that the Council decide on Latvia&#8217;s adoption of the euro as from 1 January 2014.&#8221;<\/div>\n<div>The EU said Riga satisfied the economic conditions to join &#8212; in terms of price stability and sound public finances &#8212; and that its national legislation was compatible with the rules of Economic and Monetary Union (EMU).<\/div>\n<div>But the government also won praise for its handling of a deep recession in 2008-2009.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission on Wednesday gave Latvia a green light to join the 17-nation eurozone&#8230;<\/p>\n","protected":false},"author":4,"featured_media":14085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[146,224,137],"tags":[],"class_list":["post-14083","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-europe","category-news","category-world","post_format-post-format-image"],"_links":{"self":[{"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/posts\/14083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14083"}],"version-history":[{"count":0,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/posts\/14083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=\/wp\/v2\/media\/14085"}],"wp:attachment":[{"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive2.ankakh.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}