Recovery faster than planned - Dombrovskis

  • 2010-09-13
  • TBT Staff

RIGA -- Latvian Prime Minister Valdis Dombrovskis has said the country's economy is recovering faster than expected during his speech at this year's Riga Conference.

''Even though it was previously forecast that Latvia's economy will fall by four percent this year, current Finance Ministry figures show that Latvia's economy will fall by two percent this year, with some experts predicting only a 1.5 percent reduction,'' said Dombrovskis.

The Riga Conference covered two days of security and foreign policy debate, with the presidents of the Baltic States and Poland included among the list of high-profile participants.