Fasten Your Seatbelts -- Hard Landing Ahead

June 2008
Emerging Europe Monitor: Central Europe & Baltic States;Jun2008, Vol. 15 Issue 6, p11
Country Report
The article presents an outlook on the economic performance of Latvia from 2008 to 2009. The International Monetary Fund projects a declining gross domestic product growth rate while consumer price inflation is also expected to decline. The central bank of Latvia, on the other hand, foresees several factors to be contributing to the country's economic activity. But the European Commission doubts the capacity of the domestic industry to increase exports.


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