18 November 2012

LATVIA / EUROZONE : Euro Enthusiasm Lagging In Riga.


      Most Latvians seem nonplussed about joining the eurozone in 2014...even as their political leaders wax about the benefits.
      One cafe owner observed: 'I am 38 years old and this will be the 4th time the currency has changed. First...we had Soviet rubles, then Repsinieki, then the lats returned after 50 years away...and now it will be euros. People aren't very attached to any particular currency as none of them stay around long.'
     An August poll...showed only 35% of those surveyed supported adopting the euro...and pressure is building for a referendum on the issue.