RIGA, Latvia — Tiny European country lures Russian cash by the suitcase before suffering banking crisis. Sound familiar? But this isn’t Cyprus, whose financial woes unleashed a European political crisis just over a month ago. An old playground for wealthy Russians, Latvia plans to join the euro zone next year, which has made it one of the
Is Latvia The New Cyprus?
The newest destination for Russian money is worrying euro zone officials ahead of its adoption of the euro next year.