Euro Introduction: Latvians Still Skeptical

Politics ♦ Published: December 13, 2012; 22:09 ♦ (Vindobona)

The Latvian government aims to introduce the common currency in 2014. The Latvian Budget and Finance Committee approved the introduction.

Euro Introduction: Latvians Still Skeptical / Picture: © Vindobona.org

Today, the Parliamentary Budget and Finance Committee recommended implementing the euro in Latvia. At the end of January, Latvia´s Parliament will vote on the introduction. The government parties are in favor of the common currency while the opposition is against the euro.

Also the population is rather divided. Most Latvians prefer a referendum on the introduction. The Latvian…