Day: January 1, 2014

Euro Lower as Latvia Joins the Currency Union

It’s a brand new year, and a new country has joined the eurozone. At midnight local time, Latvia became the 18th country to join the eurozone. The euro is down to start the New Year, with concerns about the eurozone overall, and significant opposition to using the euro in Latvia itself. There is actually a great deal of resentment toward the switch to the euro in Latvia. Opponents of using the euro are greater in number than those who want […]