Latvia becomes the 18th member of the Euro club: not all Latvians convinced

Friday, January 3rd 2014 - 05:46 UTC

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Latvia woke up to both a New Year and a new currency Wednesday after the ex-Soviet Baltic state swapped its cherished 'lats' for the euro at midnight, becoming the 18th member of the troubled Euro-zone. The entry of the country of two million people capped another turbulent year for the Euro zone, recovering gradually from a crippling debt crisis and ensuing recession. Read full article

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Mr Ed
They aren't pleased at getting the last berths on the economic Titanic then?

Latvia was Soviet-occupied rather than being an ex-Soviet state, the Molotov-Ribbentrop pact made it part of the Soviet 'sphere'. It was free until 1940.
Jan 03rd, 2014 - 10:52 am - Link - Report abuse 0
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aussie sunshine
WELCOME TO EUROPE AND THE EURO!!
Jan 03rd, 2014 - 07:07 pm - Link - Report abuse 0
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Mr Ed
Well Latvia was already in Europe, but now it has the possibility of mass expropriation as a benefit of entering the Zone.

http://order-order.com/2014/01/03/imf-contemplating-mass-expropriation-in-e-zone/
Jan 03rd, 2014 - 09:19 pm - Link - Report abuse 0
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