The Euro Adds Latvia, But Further Growth Is Uncertain

Now watching

Next video starts in : 7 Play

The Euro Adds Latvia, But Further Growth Is Uncertain

The Euro Adds Latvia, But Further Growth Is Uncertain
Replay video
Up next

Bill Gross on the market, Whole Foods tanks and Google's new feature

Unlock your personal NFL Now stream by signing in to NFL.com

The Euro Adds Latvia, But Further Growth Is Uncertain

by Wochit 0:47 mins

On Wednesday, as Latvia became the 18th country to join the euro, they promoted it as a sign that the currency union, even with wrenching growing pains and recent threats of a breakup, is on a long-term path to achieving its founders’ vision of continued expansion. “Despite the negative headline of the crisis, the basic promise of peace, prosperity and freedom to travel and work still have their appeal,” said Holger Schmieding, chief economist at Berenberg Bank in London. “So the process of euro enlargement has not come to an end.”

View Comments (0)