Latvia risks derailing hard-fought gains

  • 2013-01-23
  • From wire reports
RIGA - During the work on the 2014 state budget and taking into consideration the fiscal situation, opportunities for increasing minimum monthly wage and non-taxable minimum income will be appraised, Latvia’s Finance Ministry said in response to the European Commission’s criticisms in the post-monitoring mission’s second report, reports The Finance Ministry also emphasized that stringent fiscal policy has been pursued in Latvia in the past few years.The European Commission warns that better economic and budgetary results, coupled with the end of close su...
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