History of the euro adopting the currency on that date. In 2013 Latvia gained the support of the European Commission, Central Bank and Parliament for accession on 1 January 2014 with Latvia adopting the currency on that date. On 23 July 2014 Lithuania became the last Baltic state to gain permission to join the euro, which was adopted on 1 January 2015. The chart below provides a full summary of all applying exchange-rate regimes for EU members, since the European Monetary System with its Exchange Rate Mechanism and the related new common currency ECU was born on 13 March 1979. The euro replaced the
Baltic Development Forum Baltic Development Forum The Baltic Development Forum is an independent think-tank and non-profit high-level and agenda-setting networking organisation with strategic partners and sponsors from large companies, major cities, institutional investors, business associations and academia in the Baltic Sea Region. The network involves more than 8,000 decision-makers from all over the region and beyond. March 2014 former Minister for Foreign Affairs, Mrs. Lene Espersen replaced the interim Chairwoman, Mrs. Helle Bechgaard as chairwoman of Baltic Development Forum. Until November 2011, Baltic Development Forum was chaired by Uffe Ellemann-Jensen, Minister for Foreign Affairs of Denmark 1982-1993. Mr. Ellemann-Jensen is co-founder of Baltic