The European Commission has approved Latvia's 2019 draft budgetary plan, pointing out that the plan is broadly compliant with the Stability and Growth Pact for 2019.
The Commission points out that Latvia in 2018 and 2019 will not deviate much from the medium-term budgetary objective, and the deviation may amount to 0.1 percent and 0.2 percent respectively.
At the same time, Latvia is asked to ensure that general government primary spending increase no more than 6 percent in 2018 and 4.6 percent in 2019.
According to the Commission...
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