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Latvia Economy News. Service for global professionals. Constantly updated news and information about Latvia.
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Latest Latvia Economy News

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  • Latvia's economy contracts by 18.4 percent in third quarter, consumer prices sagging 9 Nov 2009 12:16 GMT
    ... RIGA, Latvia (AP) - Latvia's economic output shrunk by ... Estonia and Lithuania, Latvia has seen its economy nosedive after years of strong growth following European ...

  • Latvia's Economy Shrinks 18.4 Pct In Third Quarter 9 Nov 2009 12:13 GMT
    ... 0.2 percent from September to October, the agency said. Like neighboring Estonia and Lithuania, Latvia has seen its economy nosedive after years of strong growth following European Union membership in 2004. The three Baltic ...

  • Latvia Oct CPI down by record 0.9 pct on year. 9 Nov 2009 12:36 GMT
    ... RIGA, Nov 9 (Reuters) - Latvian consumer prices fell by a record 0.9 ... the country faces a gross domestic product (GDP) drop of 18 percent this year and ... biggest impact on prices. The annual average inflation rate in October was 5.5 percent. Latvia, ...

  • Inflation, GDP in focus this week in Hungary and in CEE (9-13 Nov) 9 Nov 2009 11:35 GMT
    ... being on October's consumer prices and third-quarter GDP figures. Most of the statistics offices in ... (KSH) is set to unveil the latest inflation data (October) on Wednesday. The consensus forecast ... Analysts see further contraction in Estonia and Latvia over the past three months, while Lithuania's GDP ...

  • GDP of Latvia decreased by 18.4% in Q3 9 Nov 2009 13:14 GMT
    ... International Internet Magazine. Baltic States news & analytics GDP of Latvia decreased by 18.4% in Q3 In the 3rd quarter of 2009 compared to the ...

  • Latvia c.bank buys 234.0 mln euros, sells lats 9 Nov 2009 09:33 GMT
    ... RIGA, Nov 9 (Reuters) - Latvia's central bank said on Monday it bought ... since the global credit crisis sent its economy into a nosedive, requiring a 7.5 billion euro ...

  • Godmanis: 2010 budget in Latvia is best possible 9 Nov 2009 13:11 GMT
    ... In an interview with the LNT broadcast "900 Seconds" ... and municipal budget's deficit at 1.7% of GDP. With the European Commission's corrections, the budget deficit could ...

  • One on one with Professor Leszek Balcerowicz 9 Nov 2009 08:15 GMT
    ... reduce this foreign debt. We had skyrocketing inflation between 20 and 50% a month in ... how you set about transforming the Polish economy – the Balcerowicz plan. What was it ... undertook radical reforms, the three countries Lithuania, Latvia and Estonia were not burdened by huge ...

  • In the shadow of the wall 9 Nov 2009 12:35 GMT
    ... of production in a society with no unemployment and which celebrated, suffered, and died. Above ... “It might be an advantage for the economy, but I believe that the Czech Republic ... am worried. In the last 10 years, Latvia has changed radically. I fear they are ...

  • EU states given stark warning on debt levels 9 Nov 2009 00:23 GMT
    ... debt was only 66 per cent of GDP. But, even at this level, it was ... between the financial sector and the real economy.” In a report published on Monday the ... countries as at particular risk – , Latvia, Spain and the UK – because their ...

  • Gender gap: India ranks a poor 114th! 9 Nov 2009 12:15 GMT
    ... to be more efficiently integrated into the economy in order to boost India's long-term competitive potential. ... remained the same. In some countries, the employment gap has been rising, with the biggest ... the Netherlands (11), Germany (12), Switzerland (13), Latvia (14), the United Kingdom (15), Spain (17) ...

  • India ranks a poor 114th! 9 Nov 2009 13:51 GMT
    ... to be more efficiently integrated into the economy in order to boost India's long-term competitive potential. ... remained the same. In some countries, the employment gap has been rising, with the biggest ... the Netherlands (11), Germany (12), Switzerland (13), Latvia (14), the United Kingdom (15), Spain (17) ...

  • Record surge in UAE consumer confidence: Nielsen Consumer Confidence Index 9 Nov 2009 09:51 GMT
    ... nations, while the most pessimistic nations were Latvia and Japan. Consumer confidence rose in 45 ... in the next 12 months. Globally, the economy and job security remained consumers' top concerns, but ...

  • EBRD Directors visit Turkey 9 Nov 2009 11:50 GMT
    ... • Ole Hovland, representing Norway, Finland and Latvia • Tae Hwan Kim, representing Korea, Australia, ... update on the priorities of the Turkish economy and the expected role of the EBRD in ...

  • SPAR Group Reports Financial Results and Provides Shareholder Update on Acquisition Strategy 8 Nov 2009 17:54 GMT
    ... Domestic revenue improved slightly, even as the economy continues to show weakness, based on new client ... Turkey, South Africa, India, Romania, China, Lithuania, Latvia, Australia and New Zealand. For more information, ...


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"We no longer have an intimacy of dialogue like we had in 1989. It's important that we restore that closeness in order that we can all in unity face the challenges confronting us. "
— Former U.S. national security adviser Brent Scowcroft commenting on the change in the trans-Atlantic relations since the fall of the Berlin Wall

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