Latvia

Former foreign affairs minister and Latvia’s first EU Commissioner Sandra Kalniete has joined New Era, the country’s most popular political party, and is already... 2006-02-14

Fiscal policy continues to be a contentious issue. Latvia's fiscal position looks stable at first glance, with budget deficits in 2004 and 2005 expected to fall comfortably within... 2004-12-07

Latvia’s international reputation – already damaged as it prepares for its third government this year – suffered a further blow after the president of... 2004-12-01

Inflation remained high in Latvia at 7.2% in October, as recent wage increases added to the price pressures created by accession to the EU and high oil prices. The Bank of Latvia... 2004-12-01

Latvia's current account deficit soared to 17.4% of GDP during Q2, largely as a result of a surge in imports prior to the adjustment of tariffs and taxes that accompanied EU accession... 2004-11-16

The short-lived government of Indulis Emsis has resigned, following the defeat of its 2005 Budget. The coalition’s largest member, the pro-business People’s Party,... 2004-11-05

The administration of Indulis Emsis has collapsed after the largest member of the coalition, the People’s Party, voted with the opposition against the 2005 Budget proposals.... 2004-11-05

The Bank of Latvia has protested against the government's decision to use unexpectedly strong tax revenues to increase expenditure in 2004 by almost EUR100mn. Although the move will... 2004-10-11

The government has withstood a vote of confidence over the rules limiting the use of the Russian language in schools. Nevertheless, the ruling coalition remains very weak and its... 2004-10-05

Prime Minister Indulis Emsis has won parliamentary approval for the appointment of Artis Pabriks as foreign minister. However, divisions in the ruling coalition resurfaced following... 2004-09-06