Government influence is bad business

Nov 03, 2010
From wire reports

RIGA - The biggest problem in the Latvian economy, according to President Valdis Zatlers, is a lack of internal competition, reports Nozare.lv. In speaking with the magazine Kapitals, the president said that “The last 10-15 years have shown that internal protectionism - through lobbying, through contacts, through political influence - cripples honest competition, and this has done our economy no good at all. When we hear about the necessity of supporting Latvian companies in external ma ...

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