Latvians will need all the chutzpah they can muster
WHY didn't we think of that? The Latvians marked ('celebrated' may be too strong a word) their joining the euro in the headquarters of the failed bank that helped bring down their economy.
Imagine if the end of the Irish bailout had been marked ('celebrated' is definitely too strong a word) in the abandoned skeleton of the planned Anglo Irish headquarters. With attitude like that, we could even have invited Messrs Barroso and Rehn.
There may be a Latvian word for that kind of attitude, but there isn't an English one. The Yiddish 'chutzpah' is what we have to use, although my partly native Scots 'brawlie' comes close.