February 2009
Emerging Europe Monitor: Central Europe & Baltic States;Feb2009, Vol. 16 Issue 2, p11
Country Report
The article presents political, economic and business risks for Latvia. Latvia's Parliament has supported amendments to the 2009 budget which will limit government spending in a bid to prevent fiscal deficit widening. Inflationary decline continues to persist in November 2008 based on data released by the Central Statistics Bureau. Due to continued unwinding of domestic economic activity, unemployment rate increased to 6.1% in November 2008.


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