RIGA - The gross domestic product of Estonia, Latvia and Lithuania will grow 3.5 to 4.5 percent (close to potential levels) in 2013 and 2014, sustained by relatively good domestic demand that will soften the adverse impact of weakening exports, believes SEB bank’s macroeconomic expert Dainis Gaspuitis, reports Nozare.lv.Gaspuitis explains that real income will improve due to gradually falling unemployment and low inflation, but Estonia will be grappling with inflation of around 4 percent.There are more and more signs that Latvia will join the eurozone in 2014. This implies ...
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