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Exports power growth

Jul 16, 2008
From wire reports

RIGA - It is not all bad news in the Latvia economy. Companies reported good results for exports, in particular higher added-value products. The Bank of Latvia welcomed this but added that conditions for Latvia’s export growth still remain challenged. In May annual export growth slipped by 6.2 percent, although imports fell, by 11.5 percent, thus improving Latvia’s foreign trade deficit Bank of Latvia spokesman Martins Gravitis announced.  “It means that the current account deficit wi ...


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