Inflation remains threat for euro in Latvia

  • 2012-05-16
  • From wire reports
RIGA - It will not be a disaster if Latvia does not join the eurozone in 2014, Prime Minister Valdis Dombrovskis (Unity) said during a May 10 discussion ‘The Recovery of Latvia’s Economy: Quo Vadis?’ The prime minister said that it is possible to go on without the euro; however, such a scenario will have a negative effect on, for example, borrowing costs and the country’s strategy of exiting the crisis, reports, the introduction of the euro will help Latvia’s economy, foster foreign investment and signal the country’s financial...
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