The Latvian government is cock a hoop about a victory that they have scored against the European Union. In Latvia they crow the single currency will be called the ‘eiro’, not ‘euro’ as the EU institutions wanted. As of now, the only country not to go by the common name is Greece, for what must be obvious reasons.
But hold on there, the Latvians have not adopted the Euro, and as I repeat they do not have public support for the Euro. The most recent polling figures that I have come across being 49.1% in opposition whilst only 38.2% are in favour.
So it seems that they must first defeat their own people before they can really celebrate their victory over Brussels.
Wednesday, January 04, 2006
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