Weak consumption drags on Latvia

  • 2012-04-26
  • From wire reports
RIGA - Latvia is no longer at the edge of an abyss, and there is light at the end of the tunnel, Danske Bank chief analyst Lars Christensen said in an interview with the newspaper Telegraf Business. Christensen emphasizes that Europe’s economy is on its way to overcoming the crisis, which could help further restore Latvia’s economy. However, several issues remain - weak internal consumption and high unemployment. From this point of view, it would be too early to celebrate victory, emphasizes the expert.Commenting on several leading economists’ opinions that Latvia&...
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