Bank of Latvia’s policies and the introduction of the euro Our policy responses to the euro are based on the general objectives set by our country. Accession to the EU is a strategic aim for Latvia, and we see entry in the European Monetary Union as a part of this task.
We have adopted the fulfilment of Maastricht convergence criteria as a medium-term target, and will be able to meet all of them in 4 to 5 years. Latvia already complies or is close to complying with most of them: •  the public debt is much lower than Maastricht requirements, i.e.