Please note:
You are in the euro|topics archive. For current articles from the European press review, please go to

Home / Media Index / Articles / Choice

Neatkarīgā - Latvia | Wednesday, July 10, 2013

Latvians plunge blindly into euro adventure

The finance ministers of the EU on Tuesday gave the green light for Latvia to join the Eurozone in 2014. The conservative daily Neatkarīgā doesn't share the enthusiasm of the political leadership: "The prime minister, the finance minister and the head of the central bank are all delighted that Latvia has taken another step forward in the federation in which big states like France and Germany set the tone. The major nations have nothing to fear; they're large and strong enough to face the challenges of the future. Latvia, however, is afraid of the future. We're a small nation threatened with extinction and we live right in the eastern corner of the European Union. If we compare Latvia with Western Europe then Riga is like a small village. … The Latvians are just fools, rushing into the Eurozone with closed eyes and a big grin on their faces."

» To the complete press review of Thursday, July 11, 2013

Other content