Latvia: Introduction of the Euro Wobbles

Politics ♦ Published: September 22, 2012; 15:01 ♦ (Vindobona)

The majority of the Latvians are against joining the Eurozone. The Latvian government is under pressure.

Latvia: Introduction of the Euro Wobbles / Picture: © Vindobona.org

For the Latvian government, postponing the introduction of the euro becomes more probable. Finance Minister Andris Vilks considers joining the Eurozone later. The Baltic country should join the Eurozone in 2014. The neighbor country Estonia became a Eurozone member in 2011. Vilks commented that it would not be reasonable to pretend that this question is not important for Lativa. “We…