RIGA - Contrasting public health and national economy during the Covid-19 pandemic creates a false dilemma, as the Bank of Latvia economist Karlis Vilerts told LETA in commenting the need to declare a state of emergency due to the spread of Covid-19 in Latvia.
Stemming the spread of the virus is not the worst case scenario for the economy, on the contrary, keeping the disease in check is also critical from an economic point of view, said Vilerts.
"Even without restrictions, we would not be able to avoid a slowdown in economic activity if it meant b...
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