Looming election clouds recovery forecast

Mar 17, 2010
From wire reports

RIGA - Latvia’s GDP is expected to fall by about three percent this year, says head of the Central Statistical Bureau Aija Zigure, reports Nozare.lv. Despite the difficulties in accurately predicting future economic performance, she said the “Trends show that the economic free fall has ended, and we now must stabilize and move ahead.” Zigure added that a better picture of the economy will come at the end of the second quarter. GDP for 2009 dropped 18 percent, based on s ...

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