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Latvia

Latvia Articles
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Economy

According to the Bank of Latvia, the current account recorded a EUR1.64bn surplus during January-November, a sharp turnaround from the EUR2.92bn deficit posted over the same period... 2010-02-02


Economy

Latvia's unemployment rate continued to spiral in November, reaching 15.1%, compared to 14.1% the previous month. Moreover, the rate of joblessness has been increasing by around 1pp... 2010-01-04


Economy

Though Latvian Prime Minister Valdis Dombrovskis suggested on October 23 that the worst of the country's recession was likely over, we caution that ongoing intra coalition ructions... 2009-10-26


More ARTICLES

Economy

Economic conditions in Latvia continued to deteriorate during Q209, though we believe that following seven straight quarters of rapidly slowing growth, the business cycle is now nearing... 2009-08-19


Economy

Reflective of Latvia's epic economic crisis, the current account has flipped from deficit to surplus during the first five months of the year. Indeed, having posted a EUR1.47bn shortfall... 2009-08-19


Economy

Q209 real GDP growth dynamics across Europe have reaffirmed our core macroeconomic view that H109 was the trough of the recession. That said, we maintain that a strong recovery remains... 2009-08-17


Economy

Latvia's foreign reserve pile has contracted by around 40% since the all-time peak of US$634bn in May 2008 to US$3.9bn in May 2009. With speculation on a devaluation of the lat (... 2009-07-28


Economy

In a bid to secure a EUR1.2bn tranche from the EU and IMF's EUR7.5bn bailout by the end of June or early July, the Latvian government has proposed an array of spending cuts to tighten... 2009-06-15

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