Latvia signs up to the euro

Almost a decade after it joined the EU, Latvia has become the eurozone's newest member.

Almost ten years after it joined the EU, Latvia has become the 18th member of the eurozone. Its accession underscores its recovery from a wrenching recession after its credit bubble burst in 2008. GDP fell by 25% and unemployment reached 20%. Now growth is rising by 4%-5% a year and joblessness is down to 11%.

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