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Latvia becomes 18th state to join the eurozone

Posted on 02 January 2014

Latvia has begun the new year by joining the eurozone, becoming the 18th member of the group of EU states which uses the euro as its currency. The former Soviet republic on the Baltic Sea recently emerged from the financial crisis to become the EU’s fastest-growing economy.
Correspondents report much scepticism in the country after recent bailouts for existing eurozone members. But there is also hope that the euro will reduce dependency on Russia………………………………………..Full Article: Source


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