International Internet Magazine. Baltic States news & analytics
Monday, 22.09.2014, 15:17
Euro introduction mostly opposed by uneducated persons in Latvia
10% of Latvians, who approve of the euro introduction, believe that Latvia should adopt the euro as soon as possible, 25% point out that the country should join the eurozone, but not in the nearest future.
56% of Latvian residents with incomplete secondary education can be considered euro skeptics. In comparison, only 35% of those with secondary education and 33% with higher education do not support Latvia's accession to the eurozone.
The survey shows that euro support grows at higher education levels.
The most common arguments in favor of the euro – convenient transactions in Europe and worldwide, easier traveling, the sense of belonging to Europe, economic improvements due to easier investment attraction.
Euro skeptics in turn are mostly worried about the eurozone's stability and future, the lat as a symbol of Latvia's national identity, potential price increases and other countries' negative experience with the euro.