TITLE

RISK SUMMARY: LATVIA

PUB. DATE
February 2005
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Feb2005, Vol. 12 Issue 2, p11
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents information on the political and economic developments in Latvia. A new government has been appointed, headed by Aigars Kalvitis, who held the post of agriculture minister in the previous administration. The exclusion from government of Latvia's largest parliamentary party, New Era, since the collapse of the administration of former Prime Minister Einars Repse in early 2004 had meant the formation of a weak center-right government whose reliance upon left-wing parties' support distorted the policy agenda. The Bank of Latvia announced on December 1 that the lat would switch from its peg to the Special Drawing Right to the euro, with effect January 1.
ACCESSION #
16590024

 

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