Estonian Prime Minister Andrus Ansip congratulated his Latvian counterpart, Valdis Dombrovskis, on his country’s “imminent” adoption of the euro, a week and a half before the European Commission weighs in on Latvia’s bid.
Lithuania’s budget deficit has become a bigger hurdle than inflation to adopting the euro in 2015 as economic growth slows and tax collection falters, central bank Deputy Chairman Raimondas Kuodis said.
On the eve of the American Civil War, Abraham Lincoln famously said that “a house divided cannot stand.” Today, the European Union -- committed for decades to the quest for “ever closer union” -- must confront an agonizing truth. Lincoln’s maxim must be inverted. For the EU to survive, the euro must divide.
The U.S. invaded Afghanistan more than 12 years ago with a contingent of special forces and Central Intelligence Agency officers, some of them on horseback, armed with laser pointers to direct air strikes against al-Qaeda and its Taliban hosts.