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The Change-Up

  • 2013-01-09
  • By Kira Savchenko
LONDON - From the world’s worst economic disaster, Latvia has become the International Monetary Fund’s favorite case study. After losing more than a fifth of its gross domestic product, the country’s long-suffering economy is booming again and is in a good shape to adopt the euro next year. Ironically, the main destination point for Baltic immigrants, the UK, is on a triple-dip recession alert and rushes towards the EU exit.While never being a passionate euro-optimist, just a few years ago Britain could hardly imagine that serious talks about leaving the EU might e...
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