Climate of fear rules in Latvia

  • 2012-01-18
  • From wire reports
RIGA - There are a sufficient number of large investors, who would be ready to invest from 300-500 million euros in Latvia; however, those Latvian institutions that are supposed to attract investments do not have the necessary capacity to receive them, real estate company Latio’s board chairman, Edgars Sins, said, reports Nozare.lv.The responsible institutions “are not prepared to work with such investors,” he says. “They are ready to help those who are preparing to open small factories or offices with dozens of jobs in the area of 100 square meters. But they c...
 
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