Latvia adopts the euro as it begins 2014

[Aunt Hilda]

Latvia’s New Year celebrations were shared with an official ceremony at midnight as the country became the 18th member of the eurozone.


Acting Prime Minister Valdis Dombrovskis, who is credited with steering the country towards adopting the euro, withdrew the first Latvian euros from an cash dispensing machine in Riga.


Estonia’s premier Andrus Ansip, who was guest of honour, followed suit. His country joined the eurozone club in 2011.


Lithuania aims to do the same next year, completing the Baltic countries’ efforts to link up economically with the West.


While many Latvians are sceptical about the euro due to its recent tribulations, Latvia’s premier says it is an opportunity, not a guarantee of wealth.

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http://www.euronews.com/2014/01/01/l...t-begins-2014/

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[Pure ja]

Good job, latvians!
Now we only have to wait for the first skimming machines

[Citizen]

While many Latvians are sceptical about the euro due to its recent tribulations, Latvia’s premier says it is an opportunity, not a guarantee of wealth.

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Good opportunity to catch the last ticket on the bailout train. Looks like we are heading for the Cyprus 2 path with lax banking laws and euro.
My deeply personal opinion about this new money is summed up in this picture.

[Pure ja]

Good opportunity to catch the last ticket on the bailout train. Looks like we are heading for the Cyprus 2 path with lax banking laws and euro.
My deeply personal opinion about this new money is summed up in this picture.

That may come handy with quantitative easing

[DE-CODER]

Baltics better join this;

http://en.wikipedia.org/wiki/Eurasian_Union

[Pure ja]

Baltics better join this;

http://en.wikipedia.org/wiki/Eurasian_Union

That might become an option, but only AFTER Russia has disintegrated and its federal subjects and native peoples become independent.

[DE-CODER]

That might become an option, but only AFTER Russia has disintegrated and its federal subjects and native peoples become independent.

And why?

[Arianiti]

Kosova uses Euro as its currency since 2001/2002 without being member of EU or officially in eurozone. Before that, after the war (from 1999) we used Deutsche Mark, I just remembered.

[Geminus]

And why?

Because Baltic states don't want to be dominated by Russia.

[DE-CODER]

Because Baltic states don't want to be dominated by Russia.

There ain't any domination. It's just a union like EU.