Wednesday, 1 January 2014

CURRENT UPDATE : LATVIA JOINS EUROZONE

LATVIA JOINS EUROZONE

Lativa has begun the New Year by joining the Euro Zone. It is the 18th member of the group which uses the Euro as its currency. Lativa has become the European Union's fastest growing economy. 

The Euro became Latvia's official currency after midnight local time on Tuesday. However, polls show about half the country opposes the currency switch. Some are reluctant to give up Latvia's own currency, a powerful symbol of independence.

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