Economic Stabilisation Supporting Sovereign Credit

April 2010
Emerging Europe Monitor: Central Europe & Baltic States;Apr2010, Vol. 17 Issue 4, p12
Country Report
The article presents the economic forecasts for Latvia which received an upgraded sovereign rating from Standard and Poor's. It perceives that Latvia's economy will result to fiscal austerity measures as the government awaits the outcomes of the parliamentary elections in October 2010. It expects that Latvia will continue to have a weak economy due to the deleveraging of the country's private investments and its fragile banking sector.


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