RIGA - The Latvian economy will be negatively affected this year by the decline in investment and exports due to the Covid-19 pandemic, the European Commission's Executive Vice President Valdis Dombrovskis, who is also responsible for economic and financial markets, told LETA.
According to the European Commission's spring economic forecast, the Latvian economy will shrink by 7 percent in 2020, while Lithuania by 7.9 percent and in Estonia by 6.9 percent.
Dombrovskis pointed out that the economic decline in Latvia this year is forecast to be smal...
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