“The Law adopted today contains detailed legal provisions for introducing the euro in our country. Thus the Law answers many everyday questions important for each resident of Latvia and fosters the feeling of security in society,” Solvita Āboltiņa, Speaker of the Saeima, emphasised on Thursday, 31 January, at a press briefing on the adoption by the Saeima of the Law on the Procedure for Introducing the Euro.

On Thursday, 31 January, under the urgent procedure, the Saeima adopted in the final reading the Law on the Procedure for Introducing the Euro, which sets forth general principles for the introduction of the common currency of the European Union – the euro – in Latvia.

The interests of the member states of the European Union (EU) can only be effectively protected by a strong EU; therefore, all effort has to be aimed at strengthening the EU. This was emphasised by Zanda Kalniņa-Lukaševica, Chairperson of the European Affairs Committee of the Saeima, at the Meeting of the Chairpersons of the Conference of Parliamentary Committees for Union Affairs of Parliaments of the European Union (COSAC), which took place this week in Dublin, the capital of Ireland.

“In shaping the foreign policy of our country, the parliament’s task is to become a strategic debate forum where political goals and challenges are evaluated and discussed with particular emphasis on Latvia’s national interests,” stressed Speaker Solvita Āboltiņa during the annual foreign policy debate held at the Saeima on Thursday, 24 January.

On Friday, 18 January, when opening the Annual Summit of the Baltic Assembly and the Nordic Council, Raimonds Vējonis, President of the Baltic Assembly, said: “The priorities of Latvia’s presidency of the Baltic Assembly for this year are, on the one hand, competitive and innovative development of the Baltic economies through implementing a joint Baltic policy on external economy and investment, and, on the other hand, European Union’s development cooperation”.

On Thursday, 17 January, while meeting in the main building of the Saeima with Eero Heinäluoma, Speaker of the Finnish parliament, who is currently on an official visit to Latvia, Solvita Āboltiņa, Speaker of the Saeima, pointed out: “Latvia’s and Finland’s cooperation is characterised not only by excellent bilateral relations and active political dialogue on all the levels but also by increasingly close cooperation in the Nordic-Baltic (NB8) format”.

On Wednesday, 16 January, during the meeting of the European Affairs Committee, where MPs assessed the introduction of the single European currency, the euro, in Latvia and the campaign for raising public awareness, Zanda Kalniņa-Lukaševica, Chairperson of the European Affairs Committee, emphasised that introduction of the single European currency is not a spontaneous whim of the Latvian government; it has been the strategic goal of several successive governments, and it will soon be reached.

“The coming years will be full of challenges for our countries – Lithuania will undertake the presidency of the Council of the European Union in the second half of this year, while Latvia will assume this task two years later. We must achieve favourable decisions regarding the new Multiannual Financial Framework of the European Union, we must make progress on energy issues, and we must continue to work on transport infrastructure development projects,” Solvita Āboltiņa, Speaker of the Saeima, noted on Thursday, 10 January, when meeting in the main building of the Saeima with Algirdas Butkevičius, Prime Minister of the Republic of Lithuania.