Latvian president calls for more effective fight against shadow economy

  • 2016-05-04
  • BNS/TBT staff
RIGA - The policies used to combat the shadow economy have failed to yield the desired result so far, Latvian President Raimonds Vejonis said during the meeting with Economics Minister Dana Reizniece-Ozola (Greens/Farmers). The economic growth figures in the first quarter of this year are unsatisfactory, he said. If this trend persists, it would be difficult for Latvia to approach the EU average, the presidential press service quoted Vejonis as saying. “We need to increase revenue to the state budget so that we could afford to allocate more money to priorities, in pa...
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