NEWS
Economists predict more hard times
RIGA - The Latvian Economists’ Association has predicted that the country is in for a long-term recession, with the economy contracting by more than 5 percent throughout the next few years. The economy will shrink by 0.2 percent over the course of 2008 and by about 5 percent in 2009, the association said in a press release following its autumn session. “The GDP drop will be brought about by the interaction of such factors as a decrease in household demand, a reduction in domestic services, t ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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Estonian industrial output plummets Central Bank: economy to nosedive next year Consumer confidence hits seven year low Proposed tax changes unpopular IMF ready to help with funds Latvian government cancels Christmas Latvian budget adopted with deficit New government to raise taxes Latvia passes budget with deficit New PM to slash spending 
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