TITLE

LATVIA

PUB. DATE
July 2004
SOURCE
Emerging Europe Monitor: Russia, Ukraine & Baltics;Jul2004, Vol. 8 Issue 7, p7
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article focuses on Latvia's country risk. The acrimony which currently characterises diplomacy between Riga and Moscow has increased in recent weeks after the government refused to grant a visa to a senior Russian official due to attend an international conference in Latvia. The Central Statistics Bureau has revealed that consumer prices rose at an uncomfortably high rate of 5.0% y-o-y in April. Looking ahead, given our conservative projections for eurozone price levels, we believe that inflation will remain the major limiting factor on Latvia's euro adoption hopes. Latvia maintained the trend of high growth in the Baltic region in 2003 by recording an increase in GDP of 7.5%. Latvian Finance Minister Oskars Spurdzins has signalled that the Baltic state is almost certain to join ERM-2 by 2005.
ACCESSION #
14767793

 

Related Articles

  • Country Risk Summary: TRINIDAD & TOBAGO.  // Latin America Monitor: Caribbean Monitor;Oct2003, Vol. 20 Issue 10, p7 

    Reports on the political and economic risks being faced by Trinidad and Tobago, as of October 2003. Short-term political rating of the country; Percentage growth of its gross domestic product; Overview of the risks faced by the business sector of the country.

  • Country Risk Summary: MACEDONIA.  // Emerging Europe Monitor: South East Europe Monitor;Sep2003, Vol. 10 Issue 9, p7 

    The article presents information on political, economic and business risks of Macedonia. August 13, 2003 marked the second anniversary of the Ohrid Framework Agreement that largely brought an end to the inter-ethnic armed conflict of 2001. Though it is expected that parties will continue...

  • RISK SUMMARY: URUGUAY.  // Latin America Monitor: Southern Cone Monitor;Jun2007, Vol. 24 Issue 6, p8 

    The article provides a summary of economic and political risk ratings in Uruguay in 2007. Report says that Uruguay scores 74.8 in the short-term political risk ratings, beating regional peers Argentina and Brazil, as well as the Latin American average of 72.5. However, the country's high score...

  • RISK SUMMARY: GUATEMALA.  // Latin America Monitor: Central America Monitor;Oct2006, Vol. 23 Issue 10, p8 

    This article presents information related to country risk in Guatemala. Politicians in the country have forged an unprecedented consensus for a project to develop the countryside and modernize the education system over the next 15 years. The country's central bank estimated that 2006 gross...

  • New Economy Ratings.  // Latin America Monitor: Mexico Monitor;Jun2007, Vol. 24 Issue 6, p2 

    This article talks about the new economic risk ratings used by the periodical. The short-term ratings are now broken down into five components which are economic activity, monetary indicators, fiscal indicators, external indicators and financial indicators. In evaluating real gross domestic...

  • Country Risk Summary: PANAMA.  // Latin America Monitor: Central America Monitor;Jan2004, Vol. 21 Issue 1, p6 

    Presents a country risk summary for Panama as of December 2003. Short-term political rating for the month; Increase in the GDP projection of the economy ministry for year-end 2003; Short-term economic rating.

  • Country Risk Summary: PANAMA.  // Latin America Monitor: Central America Monitor;Feb2004, Vol. 21 Issue 2, p5 

    Presents a summary of country risk in Panama as of February 2004. Decrease in short-term political rating and business environment rating; Increase in gross domestic product; Stability of the short-term economic rating.

  • RISK SUMMARY.  // Middle East Monitor: East Med;May2005, Vol. 15 Issue 5, p6 

    The article presents the risk summary for Israel. Prime Minister Ariel Sharon successfully secured enough support from other parties to pass the 2005 budget, despite a rebellion by nine members of his own Likud party who oppose his Gaza disengagement plan. The short-term rating remains constant...

  • Growth Should Preclude Further Easing.  // Middle East Monitor: East Med;Apr2007, Vol. 17 Issue 4, p1 

    The article reports on the political risk and macroeconomic prospects in Israel. Data showing real gross domestic product growth of 8 percent quarter-on-quarter in fourth quarter 2006 reinforce the analyst's view that excessive monetary easing is unnecessary and potentially risky. To prevent...

Share

Other Topics