Latvia
Economy
Confirming the government's relative success in trimming the fiscal deficit and pushing forward with much-needed reforms, the IMF has agree to disburse the next tranche of the country's...
2010-07-26Economy
We believe that recent attempts by Latvia's central bank to stimulate domestic lending will prove unfruitful. Given the severity of domestic deleveraging, weak corporate profitability...
2010-07-26Economy
Industrial production has rebounded sharply in recent months, with the latest data from Statistics Latvia showing a 13.3% y-o-y surge in output in May, from 9.7% the previous month....
2010-07-26Political Risk
The Latvian government's approval of a new round of budget cuts for 2011, coupled with a relatively favourable progress assessment by the European Commission, suggest that the fiscal...
2010-06-25Economy
According to the IMF Mission Chief to Latvia, Mark Griffiths, the next tranche of the joint EU-IMF EUR7.5bn bailout package could be released towards the end of July. This would reflect...
2010-06-24Economy
Given the outright destruction of domestic demand alongside the surge in unemployment and reduction in household wealth, we expect imports to remain weighed down over the medium term....
2010-06-24Economy
According to the seasonally adjusted estimate provided by Statistic Latvia, the economy posted positive (albeit anaemic) growth of 0.3% in Q1 compared to previous quarter. However,...
2010-05-27Economy
Latvia's interior minister has survive a vote of no confidence, bolstering political stability in the short term. However, strains on the minority coalition government continue to build,...
2010-05-27
