Latvia took over the six-month rotating presidency of the European Union on Thursday, pledging to launch a 315 billion euro ($381 billion) investment plan for the bloc and hoping to start a review of Europe’s border defense.
Latvia, which became an EU member in 2004 and adopted the euro a year ago, has said the investment plan unveiled by European Commission President Jean-Claude Juncker a month ago is a main focus.
“Launching it in the first half of the next year will be our key priority. I would want to say that it will be either success of failure of our presidency …read more
Source: Voice of America