Latvijas Banka issues the very first 2 euro coin of special design "Riga – European Capital of Culture 2014". It is legal tender in the Republic of Latvia and the…Continue
The central image of the coin shows the skyline of Riga and the historic centre of the city that has been included in the list of the UNESCO World Heritage Sites. At the top of the image, the inscription ‘EIROPAS KULTURAS GALVASPILSETA’ (European capital of culture) and at the bottom the name of the celebrated city and the year of issuance ‘RIGA — 2014’, and underneath the indication of the issuing country ‘LV’. The coin’s outer ring depicts the 12 stars of the European…Continue
From today 10th December 2013, in Latvia it is possible to buy starter kits containing the new Latvian euro coins. Each resident is allowed to buy up to 5 starter kits. Each starter kits contains €14.23 of Latvian euro coins. All in all, Latvia wil…Continue
The Governor of…Continue
The Baltic states of Estonia, Latvia and Lithuania had joined the European Union on the 1st May 2004. All the new member states of the EU are obliged to join the eurozone once they meet the strict Maastricht criteria. Before a country is allowed to join the euro it must stay in the ERMII mechanism for at least 2 years. Estonia and Lithuania joined the ERMII…Continue
Added by euroHOBBY on July 20, 2013 at 15:19 — No Comments
Now it is 100% certain that Latvia will adopt the euro as from 1st January 2014 as Latvia today got the final approval needed to join the euro. In the light of reports from the Commission and the European Central Bank, the European Council on…Continue
Design Selection Process
The folk maiden will be depicted on the national side of the Latvian one-euro and two-euro coins, whereas the 50-, 20- and 10-euro cent coins will feature the great coat of arms of Latvia and the 5-, 2- and 1-euro-cent coins the small coat of arms of Latvia. The design models are approved by the Euro Coins Subcommittee of the Economic and Financial Council (ECOFIN).
The design of the reverse…Continue
Added by euroHOBBY on January 20, 2013 at 15:47 — No Comments
365 days left for Latvia to adopt the euro! Latvia is planning to adopt the euro on 1st January 2014, this February it will formally apply to be assessed by the European Commission and shall be approved by June-July 2013. In order to join the euro, Latvia has to meet all the Maastricht criteria and according to an assessment done in November 2012, it is…Continue
According to the blog Numismatic Visual, the Mint of Stuttgart in Germany won the tender to mint the Latvian euro coins. The German euro coins that are minted in this mint carry the mint mark F, thus, we expect to see the same mint mark on the Latvian euro coins. The…Continue
All the 2 euro coins unlike all the other euro coins have an inscription on their edge. This inscription is…Continue
Latvia has just presented the first designs of the Latvian euro coins dated 2014. All the other images available are from 2008. The new designs show that the date position for the 1c, 2c, 5c, €1 and €2 has been moved. The change for the €1 and €2 was done to comply with the new EU regulations.
Latvia is planning to adopt the euro on 1st January 2014. On 6th September 2012 during a meeting with the Employers' Confederation of Latvia it was revealed that Latvia in December 2013 will issues two different types of euro starter kits. One kit will be targeted for residents and will contain the equivalent of €14.29 in euro coins, whereas, the other kit will be…Continue
The European Central Bank (ECB) has said that none of the eight countries that are supposed to join the euro are ready yet. It said Bulgaria, the Czech Republic, Latvia, Lithuania, Hungary, Poland, Romania and Sweden are not yet ready to join the 17 nations that use the euro. The ECB is obliged to report on their progress at least once every two years.
Of the 10…Continue
Added by euroHOBBY on April 2, 2010 at 17:30 — No Comments