Basic Principles
Latvia's National Euro Changeover Plan envisages that the process of changeover to the euro has to be smooth and elaborated in a way causing the least interference to each individual's daily routine.
Therefore two key euro changeover principles and scenario for their implementation have been set.
|
Basic principle |
Goal |
|
Efficiency |
Costs of all state measures performed should be commensurable with potential risks in case some measure would not be performed in an adequate scope and quality. |
|
Orientation towards worst positioned inhabitants in terms of the access to financial services |
Reduce impact of the currency chageover process to the part of society with limited access to financial services, for example, people living in remore areas. |
These principles are complied with when planning necessary tasks and activities which are already launched or will be launched to ensure smooth euro changeover.
