Drop in competitiveness index caused by hasty political decisions - Reizniece-Ozola

  • 2016-09-28
  • BNS/TBT Staff
RIGA - Latvia's fall in the Global Competitiveness Index is an indication that hasty and careless political decisions have been made, Finance Minister Dana Reizniece-Ozola (Greens/Farmers) informed BNS. Taxes are Latvia’s greatest struggle in competitive business activities, as illustrated by the index, the minister explained, although in the past the key hurdle was thought to be bureaucracy. ''Dissatisfaction on tax rates and tax legislation as a whole has been growing significantly. This can be explained by recent government decision...
 
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