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International Internet Magazine. Baltic States news & analytics Thursday, 30.05.2024, 21:35

Euro introduction mostly opposed by uneducated persons in Latvia

BC, Riga, 20.12.2012.Print version
35% Latvian residents approve of the introduction of the euro in Latvia, according to a survey carried out by the market, social and media research company TNS Latvia. 37% strictly oppose the euro in Latvia. More often than not, they have primary or incomplete secondary education, writes LETA/

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.

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