Press Release: Latvians are spending their last lats

Author (Corporate)
Series Title
Series Details IP/14/12 (10.01.14)
Publication Date 10/01/2014
Content Type

Latvia adopted the euro on 1 January 2014, thus becoming the 18th member of the euro area. The changeover reached its final stage. The lats will cease to be legal tender on 15 January 2014. On 8 January, more than nine out of ten cash payments in shops were made in euro only (91 %) and all customers received their change in their new currency, which shows that the Latvian retail sector is properly supplied with euro cash.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-12_en.htm
Related Links
ESO: Background information: Latvia becomes the 18th Member State to adopt the euro http://www.europeansources.info/record/latvia-becomes-the-18th-member-state-to-adopt-the-euro/
European Commission: RAPID: Press Release, IP/14/25: A successful euro changeover in Latvia http://europa.eu/rapid/press-release_IP-14-25_en.pdf

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