it's not as new years fireworks display to divide the disguise of riga latvia is acting prime minister howard is gone from skis ten afraid to try with storing a gear and back tonight from an atm in recent months lafayette has gone from being in financial crisis to one of the pastas growing economies in the eu however the population of two million is one of the forest members of the uterus and chief economist at swiss bank left the mountains cause that has been explaining the boss just hope the new cars. bailouts all. already the media to build on this one of them to support themselves. the new swingset and risks like speculative attacks on the currency also link with the axis of the ecb themselves. all fall by the liquidity killed in the crisis times and things but of course also been tons of cotton seeks changes due to certain costs for companies who are of private individuals. preparations for the current seachange went home was on my most lesbians don't have many feelings about the change in november support for the single currency was at fifty three percent plays to the european av

see riga latvia. greece though seems to be fed up with its own euro putting but despite ongoing economic woes the country with almost a quarter of its populace at risk of poverty is beginning its term as rotating e.u. president starting today let's take a look at a quick look at how the blocks policies affected athens and some other european economies in four years of austerity all the nations you see here will have their debts rise in greece and spain by forty percent this despite the fact that all countries adopting the euro mustn't allow their national public debt to exceed sixty percent of g.d.p. at the same time average income of those living in these fall in these countries has fallen except germany and it greece horsed of all meanwhile the country's leaders are giving assurances that athens will leave its bella program within the next year within that without the need for a third aid package when the greek journalist we talked to says what the e.u. did to his country is a cautionary tale. i bel

altie riga latvia. and a eurozone member greece whose economy has been struggling more than most is taking over the rotating e.u. presidency for the year politicians say their role is chance to prove greece is a normal country despite all its economic woes let's not take a look a quick look at how some e.u. measures have been affecting athens and some of the european economies and for years over your stereotyping measures the nation's shown here how when their debt increased by as much as forty percent for greece and spain that's despite every choir meant for all eurozone countries to limit their national debt sixty percent of g.d.p. at the same time their every income has fallen in all of those states except germany greece has been worst affected assuming the e.u. presidency gives athens power to regulate policies in the blog however one great journalist we spoke to doesn't expect much on that front. i believe that greece can give some lessons of how. in a time of crisis and when a country has a huge p

riga latvia. meantime euro zone member greece's economy has been struggling more the most is taking over the rotating new presidency for the year politicians so the role is a chance to prove the greece is a normal country despite all its economic woes it's a quick look at how some e.u. measures have been affecting athens than some of the european economies as well in the four years of e.u. sturdy measures the nations that shown here have seen their debt increase by as much as forty percent for greece and for spain that's despite a requirement for all euro zone countries to limit the national debt to sixty percent of g.d.p. at the same time the average personal incomes fall and in all of the states except germany greece in fact the worst affected along with the presidency athens assumes power of the blogs regulations too but one journalist we spoke to doesn't believe greece will look to change much. i believe that grace can give some lessons of how sturdy masers in a time of crisis is and when a co

riga latvia. greece which is struggling to get out of a six year recession is assuming the six month rotating presidency meanwhile within the country people are growing increasingly angry towards brussels it has been pushing for athens to accept austerity measures in exchange for bailout payments well let's take a look at how that plan has been working out so far now since the financial crisis first hit the euro zone in two thousand and nine nations across the bloc have seen their debts increasing with greece doing of the worst ironically even germany. long a bit over the sixty percent debt line that's the limit of any of the country set to joining the e.u. are required to be below meanwhile cuts imposed by governments across that you have led to a fall in the average personal income in a number of states germany is among the few nations you can see plus four percent there that has enjoyed an increase greece has been the worst affected here as well along with the e.u. presidency athens assumes pow

riga latvia. meantime euro zone member greece's economy has been struggling of course more than most is taking over the rotating new presidency for the year politicians say the role is a chance to prove the greece is a normal country despite all its economic woes take a minute out to take a look at how some e.u. measures have been affecting athens and some other european economy showing in the of four years of e.u. a sturdy measures the nations shown here seeing their debt increase by as much as forty percent for greece and spain that's despite the requirement for all euro zone countries to limit their national debt to sixty percent of g.d.p. at the same time the average personal incomes fall in all those states except germany greece in fact has been the worst affected the civil e.u. presidency gives out its powers to regulate policies in the block over one greek journalist we spoke to doesn't expect much from. i believe that grace can give some lessons of how sturdy masers in a time of crisis and

arty riga latvia. greece though seems to be fed up with its own new year approaching the country where almost a quarter of the population is at the risk of poverty is beginning its term as rotating e.u. president stands in trainer of france now take a quick look at how the blocks policy has affected athens and some other european economies and the four years of austerity measures or the nation's shown here on this screen have been bad have actually increased their debts in greece and spain by forty percent that's despite the fact all countries adopting the euro must not allow their national public debt to exceed sixty percent of gross domestic product average income of the people living in these countries has fallen except in germany and the was to always greece as you can see here meanwhile the country's leaders are sure that athens will leave its bailout program within the year and won't need a third aid package and one greek journalist would talk through what the e.u. did to his country is a caution

altie riga latvia. griese seems to be fed up with. purging but despite ongoing economic woes the country which almost with almost a quarter of its population at risk of poverty is beginning its term at rotation as are tasting the e.u. president starting in january the first let's not take a quick look at how the blocks policies affected us and us and some of the european economies and in the four years of a series of measures all the nations shown here have seen their debt increase in greece and spain by forty percent and that's despite the fact all countries adopting the euro must not allow their national public debt to exceed sixty percent of gross domestic product at the same time average income of the people living in these countries has fallen except in germany and the worst of all is greece as you can see here meanwhile the country's leaders are giving assurances that athens will leave its bailout program within the year without a big need for a third aid package one greek journalist who talks to says the e.u. did to his country

altie riga latvia. greece which is struggling to get out of a six year a session is assuming the six month rotating e.u. presidency meanwhile within the country people are growing increasingly angry towards brussels that has been pushing for athens to accept austerity measures in exchange for bailout payments let's now take a look at how that plan has been working out so far now since the financial crisis first hit the eurozone in two thousand and nine nations across the bloc have seen their debts increasing with greece during the worst ironically even germany has long been over the sixty per cent a deadline that's the limit any of the country set to join the e.u. are required to be below meanwhile cuts imposed by governments across the e.u. have led to a fall in the average of personal income in a number of states germany is among the few countries enjoying an increase now greece has been the worst affected here as well along with the e.u. presidency athens assumes power over the box regulations but on

uniform of the remain to be seen in this case the proof of the pudding really eating got artie riga latvia. for years over but greece's economy has been struggling more than most is taking over the rotating new presidency for this year politicians say the rolls a chance to prove the greece is of normal country despite all the economic woes let's take a quick look at how some e.u. measures have been affecting athens and some other european economies as well in the four years of the u.s. thirty measures the nation shown here have seen their dead increase reaching the highest levels in greece and italy these could countries no longer meet the eurozone requirement to limit the national debt to sixty percent of g.d.p. did at the same time the average personal incomes fall in all those states except germany greece is the worst affected along with the presidency athens assumes power over the blocs regulations but one journalist we spoke to doesn't believe greece will look to change much. i believe that greece can give some lessons of how. in a time of crisis and when a country has a huge public t

riga latvia. here is a member greece's economy has been struggling more the most is taking over the rotating new presidency for this year two politicians say the role is a chance to prove greece is a normal country despite all its economic woes. look at how some e.u. measures that have been affecting athens and some other european economies too in the four years of a us territory measures the nation's chaudiere haven't seen the increase reaching the highest levels in greece and in italy those countries no longer meet the eurozone requirement to limit their national debt to sixty percent of g.d.p. at the same time to the average person incomes fall in all of those states except germany in fact greece has been the worst affected along with the presidency athens assumes power over the blocs regulations too but one journalist we spoke to earlier doesn't believe greece will have to change that much. i believe that greece can give some lessons of how sturdy masers in a time of crisis and when a country

riga latvia the eurozone member agrees whose economy has been struggling more than modest is taking after they were tasting eu presidency told again. when addition to say there will always turns to her and grace is a normal country despite all its economic bodies. take a quick lick at how some eu measures have been affecting our friends and some of the european economies and that in the forty days of the us to eighteen matches the nations the shed he hung in our bed set to increase by as much as forty percent form greece and spain as the spine to the requirements for four euro zone countries to limit than the national debt to sixty percent of gdp at the same time the average council income has fallen in all of those states except germany greece has been worst affected as hearing the eu presidency to get this conference power to regulate promises and the bloke halal one degree turn this was part it doesn't expect much from the front i believe that grace can be some lessons are powerless to do ms errors in the time of crisis and when the country has a huge topic that this is a peak in the o

riga latvia. let's focus from it on your is a member greece's economy has been struggling more than most it's taking over indeed the rotating e.u. presidency for the year now politicians say the rolls a good chance to prove the greece is a fully functioning country despite all its economic woes is just take a quick look though at how some e.u. measures have been affecting athens and some other european countries too on the news all in the four years of you a story to measure is the nation's shown here of all seeing the debt increase reaching the highest levels in greece and italy in fact those countries no longer meet the eurozone requirement to limit their national debt to sixty percent of g.d.p. now at the same time the average personal income is for all in all the states except for germany greece has been worst affected along with the relations too but one journalist we spoke to doesn't fit within a big changes here doesn't believe greece will look to change much at all. i believe that greece c

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. >> reporter: latvia has become the 18th nation to join the you roeurohoping to improve it's ec. but as we have reports from riga not everyone is convinced that it's a move to the better. [ cheering ] [ explosions ] >> reporter: freezing below temperatures, residents of riga ring in 2014. the stroke of midnight marking not only a new year but also a new currency. outgoing prime minister making the first withdraw of euros from a cash machine heralding the end of the last. >> first it's going to help us to reduce interest rates. second, we are a very small and very open economy. we do 70% of all foreign trade in yo euros. which means we spend a lot of money exchanging curren currenck and forth. >> reporter: while everyone is celebrating the new year, not everyone is happy with the currency change with public opinion still divided. there has been a big government publicity campaign to inform people about the euros, which most but not all say they're prepared. >> i pulled a stack of euros, and that's it. >> i've kept euros in my wallet for a year waiting for them to be used. >> i'm not ready. i thought the lats woul