Growth hinges on export markets

  • 2012-01-04
  • From wire reports
RIGA - In 2012, Latvia’s economic growth will still be closely connected with the country’s export opportunities. Therefore, its main risks are related to the development of the global economy, Economy Ministry Economic Development and Labor Market Analysis Department head Janis Salmins said, reports to Salmins, the eurozone’s deteriorating debt crisis, the worsening economic situation in the United States, as well as the reduction of global trade flows and the uncertainty about the upcoming fiscal consolidation have forced several international i...
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