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Monetary State Support for Latvian Residents and Information on Euro Currency

Monetary state support will be applied to this category of Latvian residents. The state has decided that it will support all residents of Latvia who fall into this category.

A little about the Euro currency

The obverse side of euro banknotes and coins has a uniform design, while individual countries are free to choose the reverse side of their coins. Despite the differences in coin design, all banknotes are still accepted throughout the eurozone.

However, it is important to note that gold and silver commemorative coins can only be used as a form of payment in the country that issued them. In the Netherlands and Finland, prices are adjusted to avoid using 1 and 2 cents. Although still considered valid, these coins are not produced in large quantities and are primarily for collectors.

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The obverse of the coins shows a map and denomination. Coin denominations are 1, 2, 5, 10, 20 and 50 cents, as well as 1 and 2 euros. The name on the obverse is represented by Latin alphabet and Arabic numerals. However, countries using a different alphabet may display the name in that alphabet on the national side.

Let’s continue on the original topic..

As stated in the announcement, monetary assistance will be provided automatically, however, only to those residents of Latvia who are included in this category. Check out the list!

Read more on the next page

2023-09-05 15:12:30
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