Latvia is set to become the 18th member of the eurozone after the European Commission gave its application the green light on Wednesday (5 June). "Latvia douze points is my message to Riga," Olli Rehn, the bloc's ...

The Latvian government on Tuesday (5 March) officially submitted a request for the EU commission to assess its readiness to join the euro on 1 January 2014, despite public opposition to the move. "Latvia's decision to ...

The euro has been "a guiding light" for economic reform, Latvia's central bank governor told MEPs on Tuesday (26 February) Speaking at a hearing with MEPs on the European Parliament's Economic committee, Ilmars ...

Eastern Europe dominates this week's agenda (25 February - 3 March) as EU leaders hope to pave the way for a “historic breakthrough” with Ukraine, while Latvia lays out its plans to join the euro. Ukrainian President ...

Polish Prime Minister Donald Tusk on Tuesday (19 February) said his country will only join the euro once it is "100 percent ready," with 2017 said to be the date the government is aiming for. Addressing the national ...

Latvia has moved a step closer to joining the euro after its national parliament backed two laws paving the way for the Baltic country to become the 18th member of the single currency. Latvia‘s parliament, the Saeima, ...

The first EU country to get a bailout and to implement harsh austerity measures, Latvia is now the bloc's fastest-growing economy and is poised to join the eurozone in 2014 - proof that spending cuts work, its Prime ...

MEPs from across the political spectrum have criticised EU member states Lithuania, Latvia and Hungary, as well as neighbouring Russia, Ukraine and Moldova over an upsurge in homophobia. "The European Parliament ...

A referendum on making Russian an official language in Latvia has raised a faint possibility of it also becoming an official language of the EU. The country's Central Election Commission (CEC) itself predicts the poll, ...

Already at the margins of society by virtue of casual discrimination, disabled people are often among the worst hit by the waves of austerity measures being put in place right across the European Union. As governments ...