Latvia: Growth improves despite faltering external demand

Domestic demand powers growth and while the banking sector continues to improve credit is still tight. Deflation to give way to mild inflation

Export growth hit by Russia crisis but current account deficit is unproblematic. External debt is high and rising again while insolvencies remain below pre-crisis level.

Latvia: Growth improves despite faltering external demand - Report

Latvia-country-report-Dec15.pdf

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