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International Internet Magazine. Baltic States news & analytics Friday, 24.10.2014, 10:44

Jurkans: Latvia's accession to eurozone rather political than economic matter

Nina Kolyako, BC, Riga, 15.06.2012.Print version
Latvia's accession to the eurozone is not a matter of economics, but a matter of politics, former foreign minister Janis Jurkans points out in a discussion organized by the newspaper Neatkariga Rita Avize.

Jurkans believes that the fulfillment of criteria will not provide answers to much more important questions, for example – regarding the European Union's political environment and future, if Greece decides to exit the EU. The survivability of the euro is not clear, explains the politician, writes LETA.

 

Jurkans points out that Latvia did not match any criteria when it joined the EU and NATO. Therefore he is convinced that the country's accession is a political matter. The question is whether Europe will be integrated with EU countries with common external, security policies and currency or whether it will collapse, since "this process has already started", admits the politician.

 

The former minister emphasizes that Latvia's "home assignments" are currently given by Brussels and those who have lent their money to Latvia. Finance Minister Andris Vilks (Unity), Prime Minister Valdis Dombrovskis (Unity) and Bank of Latvia President Ilmars Rimsevics scrupulously observe each guideline, points out Jurkans.

 

According to Jurkans, Latvian voters will begin thinking about these processes only when they will realize that they are the ones paying dearly.






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