Latvian parliament passes law for adopting euro

Latvian parliament passes law for adopting euro

PanARMENIAN.Net - Latvian MPs have passed a law necessary for adopting the euro in January 2014 despite widespread opposition to the country's adoption of the troubled European single currency, The Associated Press reported.

The law represents a final legal obstacle before Latvia formally asks to become the 18th European Union country that uses the euro, a step expected next month.

A small group of protesters gathered outside parliament on Thursday, Jan 31, to heckle lawmakers as they headed to vote.

Recent polls suggest a majority of Latvians are against adopting the euro in light of the debt crisis that has afflicted the eurozone for over three years and fears that the Baltic country will have to help bail out struggling countries.

Many are demanding a referendum, but the center-right government says it won't hold a separate vote.

 Top stories
Another 10,000 fled Mosul after ISIS took control at the beginning of June and numbers dropped have fallen rapidly since.
The announcement comes just two days after President Abdullah Gül confirmed that he would not seek a second term.
In the report, the Observatory said its activists on the ground have the names of 5,641 rebels who have been killed in infighting.
Both polls have Selahattin Demirtas, the expected candidate for Turkey's main pro-Kurdish party, on less than 10 percent.
Partner news
Soghomon Tehlirian assassinated Talaat Pasha on March 15, 1921

Operation Nemesis was a covert operation by the Armenian Revolutionary Federation carried out from 1920 to 1922, during which a number of former Ottoman political and military figures were assassinated for their role in the Armenian Genocide.