News Latvia Economy: Non-cash payments at an all-time high in Latvia
The proportion of cashless payments in Latvia has reached a record high. In August this year, cashless payments accounted for 81 per cent of transactions, while cash payments made up 19 per cent, acco...
News Latvia Economy: The no-frills PM
The Latvian PM is charged with the salvation of his country’s economy, which is in a worse condition than most others in Europe. He speaks to Monocle about his plans for a turnaround. Latvia may not ...
News Latvia Economy: IMF Warns Latvia Faces Rising Fiscal Pressures as Growth Slows
The IMF says Latvia’s growth will slow to 1.8% in 2026 as inflation, defense, pension and healthcare costs increase fiscal pressures.
News Latvia Economy: Azerbaijani company starts exporting hazelnuts to Latvia
Azhazelnut, an Azerbaijani company, started exporting hazelnuts to Latvia in April 2019 ... production occupies a significant place in the economy of Azerbaijan. Several hazelnut varieties ...
News Latvia Economy: Latvia’s economic growth to be slowest among Baltic states – OECD
The Organization for Economic Cooperation and Development (OECD) in its latest forecast predicts that Latvia’s economic growth will be slowest among the Baltic states, reported LETA/BNS. According to ...
News Latvia Economy: Despite the stable economic growth, the shadow economy in Latvia has increased in 2018 by 2.2% percent compared to 2017
The latest SSE Riga “Shadow Economy Index in the Baltic States” shows a worrying trend; with overall economic growth in Latvia, the shadow economy also continues to grow. According to the results of ...
