Euro to give Latvia a boost

  • 2013-06-26
  • From wire reports
RIGA - The introduction of the euro will strengthen Latvia’s economy and facilitate 4.2 percent GDP growth next year, followed by 5.2 percent and 5 percent GDP growth in the next couple of years, according to the latest Eurozone Economic Forecast (EEF) by Ernst & Young, reports to Ernst & Young, for Latvia, the adoption of the euro means remaining Europe’s fastest growing economy with stable foundations. The Forecast predicts that the introduction of the euro will have a significant impact on the influx of long term investments, since any doub...
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