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Extracts from the press conference by Olli Rehn, on the publication of the 2014 Convergence Report

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On 4 June 2014, Olli Rehn, Vice-President of the EC in charge of Economic and Monetary Affairs and the Euro, gave a press conference at the European Commission in Brussels, Belgium on the 2014 Convergence Report released by the European Commission. The report assesses eight Member States' readiness to join the single currency. These countries have made uneven progress on the road to euro adoption, but Lithuania stands out from this group as it now fulfils the convergence criteria. The Commission is therefore proposing that the EU Council of Ministers decide that Lithuania can adopt the euro on 1 January 2015.
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Type: Summary of press conference   Reference: I-089997   Date: 04/06/2014   Duration: 03:34
Personalities:   Rehn, Olli  
Location: Brussels - EC/Berlaymont  
Languages: ORIGINAL

Tags: EU relations with Member States | Euro | Lithuania
© European Union, 2014   /   Source: EC - Audiovisual Service
Director: Emmanuel Coundouris
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