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Latvia Gets Eu Green Light For Euro Zone Entry

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Latvia has been given the go-ahead to adopt the euro from next year, the prime minister said on Wednesday, crowning the Baltic state's emergence from an economic crisis.

European policymakers hope Latvia's accession as the single currency's 18th member will send a strong signal to investors that, despite its three-year-long sovereign debt crisis, the euro zone is set to grow rather than disintegrate.

Prime Minister Valdis Dombrovskis told a news conference the European Commission said Latvia had met a host of economic conditions to adopt the euro next year.

"Joining the euro zone will foster Latvia's economic growth, for sure," he said.

Like boarding the Titanic after it hit the iceberg and proclaiming we'll be in New York in a few hours....

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they're crazy b@stards those latvians,they love their deckchair swapping.

Another country leaving Poundland behind. By the time the UK has to join it will be behind a few more.

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The UK will join when it's at one to one.

One penny equals one Euro.

That might not be too far from the truth. EZ countries have no choice but to rebalance. The UK can and will use printing,devaluation and slavery tto keep the plates spinning. They will because they can and because 'the people' keep falling for the same old save the pound garbage as if it's in their interest.

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The UK will join when it's at one to one.

Yeah, that's precisely what former poster Grumpy-Old-Man-Returns predicted a while ago.

He was so sure about it, that he swore he would never come here again if it didn't happen by the end of 2009.

A man of his word, you gotta give him that :lol:

How about you Corinne?

Do you feel lucky? WELL, DO YA, PUNK ?????

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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