New Budget Cuts Pose Risk To Coalition

February 2010
Emerging Europe Monitor: Central Europe & Baltic States;Feb2010, Vol. 17 Issue 2, p12
Country Report
The article provides information on the political and economic outlook in Latvia for 2010 relative to its government budget cuts. The risk to coalition stability will be elevated in 2010 as a result of a 184 million lats in new cuts for the 2010 budget after a court found that the five-party coalition proposed a reduction in pensions illegally. Furthermore, the move of the fragile coalition government to find additional savings will pose a significant challenge to them.


Related Articles

  • RISK SUMMARY: LATVIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2009, Vol. 16 Issue 3, p11 

    This section offers news briefs concerning politics, the economy and business conditions in Latvia. In order to maintain support and political stability, the government decided to broaden its coalition. An independent asset management entity is being planned to be established by the government....

  • RISK SUMMARY: LATVIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2009, Vol. 16 Issue 4, p11 

    The article presents a political, economic and business risk assessment for Latvia. Latvia's economy plunged into recession as the four-party coalition government led by President Valdis Zatlers is dissolved. In December 2008, the country's current account deficit narrowed to Latvian lats 92.5...

  • RISK SUMMARY: LATVIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2006, Vol. 13 Issue 4, p11 

    Presents news briefs on the political and economic conditions in Latvia as of April 2006. Information on a meeting between Prime Minister Aigars Kalvitis and coalition members to keep the government's legislative agenda on track despite the distraction of upcoming elections; Increase in the...

  • LAYVIA: RISK SUMMARY.  // Emerging Europe Monitor: Central Europe & Baltic States;Oct2005, Vol. 12 Issue 10, p11 

    The article presents political and economic news related to Latvia. A split has emerged in the four-party governing coalition over Latvia's participation in the international operation in Iraq. The government in late August 2005 secured parliamentary approval for extra budgetary spending in the...

  • RISK SUMMARY: LATVIA.  // Emerging Europe Monitor: Central Europe & Baltic States;Nov2006, Vol. 13 Issue 11, p11 

    The article presents information on the political and economic risks in Latvia. Recent opinion polls reflect that the New Era party is expected to receive the highest voter share in the October 2007 parliamentary elections. The country's labor market has continued to tighten due to a 0.5%...

  • LATVIA.  // Emerging Europe Monitor: Russia, Ukraine & Baltics;Mar2004, Vol. 8 Issue 3, p7 

    This article presents statistical information on economic and political conditions of Latvia. Having been unable to establish a new majority administration following the withdrawal from the government of a junior coalition member, Prime Minister Einars Repse has announced the resignation of the...

  • Latvia.  // International Country Risk Guide Annual: Latvia;2012, p87 

    The article presents a country risk analysis for Latvia for year 2012. The assessment provides the country's political, financial, economic and composite risk ratings. It offers a commentary on key events, political challenges and policy implications facing the country, including the impact of...

  • Country Risk Summary: LATVIA.  // Emerging Europe Monitor: Russia, CIS & Baltics Monitor;Nov2002, Vol. 6 Issue 11, p11 

    Summarizes various risks facing Latvia as of November 2002. Impact of the formation of a possible coalition government on its powers to check corruption in the country; Economic risks facing the country; Progress of privatization and restructuring in the country.

  • Country Overview.  // Latvia Country Review;2011, preceding p1 

    The article provides an overview of the politics, geography, economy, and demography of Latvia.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics