Article Tools

„Whatever Happens to the Euro, Happens to Our Currency“

Published: January 30, 2013; 15:51 · (Vindobona)

In an interview with the Austrian daily newspaper “Kurier”, Latvia´s Prime Minister Valdis Dombrovskis explains why Latvia joins the Eurozone. However, the Latvians are not convinced at all.

„Whatever Happens to the Euro, Happens to Our Currency“ / Picture: ©

Dombrovskis underlines that Latvia wants to join the Eurozone since 2009. In March, Latvia will submit an application to the ECB.

“There are some reasons. For us, the current crisis is not a currency crisis, but a financial and economic crisis of some countries in the Eurozone. We also have experienced a severe crisis without the euro.” In 2009, Latvia´s GDP fell by 18%. In…

This article includes a total of 504 words.

or Log In

Fast News Search