Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Latvia’s Biggest Opposition Party Won’t Seek Referendum on Euro

Harmony Center, the biggest party in Latvia’s parliament that is in opposition, won’t seek a referendum on the country’s plan to adopt the euro next year.

“Harmony Center considers delaying the ‘Euro adoption policy law’ to be an irresponsible action” since an elected parliament made the decision, Janis Urbanovics, the party’s parliamentary leader, said in an e-mailed statement today. Still, the government should allow a referendum given the low level of public support for the switchover, he said.

Lawmakers on Jan. 31 cleared the path for Latvia to apply for euro-area membership starting Jan. 1. Two-thirds of the country opposes the move, according to a December survey by the polling company TNS, which asked 1,024 Latvians and didn’t give a margin of error.

Harmony’s 31 deputies sticking to the party line would mean that a referendum initiative by Iveta Grigule, a lawmaker for Union of Greens and Farmers, a fellow opposition party, will probably fall short of the required 34 signatures in the 100-member legislature.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.