Latvia set to join eurozone
Date
12/28/2013 2:21:05 AM
(MENAFN) Latvia is set to become the 18th member of the eurozone beginning next year, Xinhua reported.
The Latvian authorities have carried out a large-scale publicity campaign to inform people of the advantages of its entry to the eurozone, a bid to ease the populations concerns over possible rises in prices and unemployment rate.
Shops in Latvia are displaying prices in two currencies: lat and euro. The euro will officially be brought into Latvia's formal circulation in 2014, but some private shops are already accepting euro payments now.
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